La Mancha Resource Capital LLP (“La Mancha”), portfolio manager to La Mancha Resource Fund SCSp (the “Fund”), welcomes the successful completion today of the merger between two Fund portfolio companies, G Mining Ventures Corp. (“G Mining”) and Reunion Gold Corporation (“Reunion”). This merger brings the Tocantinzinho project in Brazil and the Oko West project in Guyana under common management, creating a leading multi-asset, regionally-focused gold producer. As part of the broader transaction, the Fund has successfully completed its US$25 million investment to support the merger and will therefore hold an approximately 18% stake in the combined entity.
https://lamancharesourcecapital.com/wp-content/uploads/LMRC-Renaldo-Press-Release-20240715-vF.pdf