RK&O Represents Route One in Altar Copper/Gold Project in San Juan Province, Argentina

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June 28, 2018

Richards Kibbe & Orbe LLP represented Route One Investment Company LLC in connection with an option and joint venture agreement, among precious metals miner Sibanye Gold Limited and certain of its subsidiaries, Regulus Resources Inc., a publicly traded Canadian company, and Regulus’ newly formed subsidiary, Aldebaran Resources Inc., to create a strategic venture to unlock value at the Altar copper and gold project located in the San Juan province of Argentina.  Under the arrangement, Aldebaran will have the option to obtain an 80% interest in the Altar mining project by acquiring a subsidiary of Sibanye Gold.  Route One has committed to provide initial financing of US$30 million to Aldebaran. The RK&O team included Eric O’Meara, William Orbe, Catherine Turgeon, Jeffrey Lehtman and Jamie Schafer.

RELATED PRESS COVERAGE

Regulus Announces Spin-Out of New Company, Aldebaran Resources, with an Option to Acquire a Majority Interest in the Altar Copper-Gold Project, Argentina (GlobeNewswire, June 29) 

Sibanye-Stillwater enters into strategic exploration partnership to unlock value at its Altar project (Moneyweb, June 29)