Field Fisher Waterhouse advises on £8 million fundraising

Field Fisher Waterhouse LLP has advised Mirabaud Securities LLP on the placing and subscription of new ordinary shares in Patagonia Gold plc.

The team led by corporate partner Anthony Brockbank advised on the placing and subscription of shares by Patagonia Gold plc, an advanced mining exploration company, to raise £8 million. The proceeds of the Placing and Subscription will be used to fund the development expenditure for the Lomada de Leiva gold production project, continuing exploration expenditure on the Cap-Oeste project in Argentina and to provide general working capital for the Company.

For further information, please contact:

Louise Eckersley, PR Manager, Field Fisher Waterhouse LLP on 020 7861 4120