Corporate Advisory

Corporate Advisory

Energy Metals Ltd
2009

Advisor to Energy Metals on its proportional takeover offer by China Guandong Nuclear Power Company.

Gresham advised Energy Metals Ltd on the recommended proportional takeover by China Guandong Nuclear Power Company (CGNPC).

CGNPC acquired control of Energy Metals in December 2009, and underwrote a subsequent $12 million rights issue which was completed in March 2010.

At $99 million, the combined offer and recapitalisation represents the single largest investment by Chinese interests into the uranium sector in Australia to date.

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