Advisor to Geopacific Resources in relation to the greenfield project finance of the Woodlark Gold Project in PNG

  • 2021
  • Papua New Guinea
  • Project Finance Advisor
  • US$100m
  • ICA Partners acted as exclusive financial advisor to Geopacific Resources (“GPR”) in relation to the US$100m greenfield project financing of the Woodlark Gold Project on Woodlark Island, PNG.   

    ICA was appointed in June 2018 and following widespread domestic and international soundings ICA worked intensively with GPR to select Sprott Resource Lending as its preferred financier, manage due diligence and negotiate terms. In June 2021 GPR and Sprott executed definitive agreements for a US$85m Loan Facility and US$15m Gold Stream. 

    Financial Close was successfully achieved despite Covid-19 travel restrictions and market disruptions.