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Client Work

Sojitz Tungsten Resources sells Beralt Ventures to Almonty Industries

Fasken
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Overview

Client

Sojitz Tungsten Resources, Inc. and Sojitz Corporation

Sojitz Tungsten Resources, Inc. (STR) sold its 100% ownership interest in the Panasqueira tungsten mine in Portugal to Almonty Industries Inc. The transaction involved the sale of Beralt Ventures Inc., a wholly owned subsidiary of STR and debt owed to Sojitz Corporation. Fasken Martineau advised Sojitz Corporation and STR on all aspects of the transaction.

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