Skip to main content
This website uses cookies. By continuing to use this website you are agreeing to our use of cookies as described in our privacy policy.
Client Work

Migao Corporation completes US$18.1 million financing

Fasken
Reading Time 1 minute read Subscribe
Client

Migao Corporation

On May 18, 2006, Migao Corporation (formerly Fox Mountain Explorations Ltd.), a leading producer of specialty potash fertilizers in China, successfully completed a private placement of 6,363,000 units for gross proceeds of $18.1 million as part of a reverse take-over transaction undertaken by Fox Mountain to acquire all the issued and outstanding shares of H.K. Migao Industry Limited. The financing was co-led by Research Capital Corporation and CIBC World Markets Inc. and included Haywood Securities Inc. Research Capital Corporation also acted as sponsor in connection with the transaction. The agents were represented by Fasken Martineau with a team that included Rubin Rapuch, John Sabetti and Jamie Pennell (corporate/securities) and Edmond Luke (corporate/Asia Pacific).

    Subscribe

    Receive email updates from our team

    Subscribe