Interesting article here.
Please pay special attention to the last 2 paragraphs.
As they say 'No Brainer'
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http://prosperitylegal.com.au/blog/?p=320
Prosperity Legal advises Fortis Mining on US260 Potash acquisition in West Kazakhstan
March 24th, 2011 Geelong law firm Prosperity Legal is pleased to have acted as the lead legal adviser to Fortis Mining in its US260 million potash acquisition in West Kazakhstan announced to the market today.
Prosperity Legals Managing Partner, Chris Burrell, has led the legal team that has advised Fortis Mining on the transaction, with support from fellow PL team members and Kazakhstan law firm, Linkage & Mind.
Prosperity Legals involvement in this transaction follows on from its role in assisting Fortis to secure the recently announced AUD60 million equity facility raising with international investment fund, Global Emerging Markets (GEM).
Managing Partner, Chris Burrell, said today "This transaction marks another milestone in our relationship with Fortis Mining, for which we have provided legal support on a range of strategically significant transactions since Fortis first listed in December 2010"
"As legal advisers, it is rewarding to work alongside Fortis management team and bring this latest deal to market, especially when it will reposition Fortis as one of the worlds major players in the potash field."
Prosperity Legal will continue to assist Fortis Mining to complete the transaction, which will include assisting Fortis to raise the working capital necessary to complete the transaction.
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