Bendigo Mining Closes Global Equity Offering

On July 15, 2004, Bendigo Mining NL, an Australian gold mining company, closed a global equity offering in North America, Europe, Asia and Australia, which raised A$100 million. It was the largest ever equity financing for a mining company based in Victoria, Australia. The placement agents were CIBC World Markets, Inc. and Austock Limited.

Bendigo was represented by Minter Ellison’s Marcus Best and Simon Davidson, and Sullivan & Cromwell’s John Estes and Brian Burns.

The placement agents were represented by Stikeman Elliott as lead counsel, with a team that included Brian Hansen in Sydney, Jay Kellerman in Toronto, and Derek Linfield in London; assisted on the Australian side by Shannon Finch of Mallesons Stephen Jaques; and in the US by Pillsbury Winthrop’s Robert Meyers and Cécile King of the firm’s Sydney office.