Sidley Represents Rigel Resource in US$362 Million Business Combination with Aurous

Sidley is representing Rigel Resource Acquisition Corp, a blank check company sponsored by a fund managed by Orion Resource Partners, one of the world’s foremost, mining-focused alternative investment firms, in its US$362 million business combination agreement with Aurous, a cash-generating South African gold mining company operating the Blyvoor Mine on Johannesburg’s West Rand. Upon completion of the proposed combination, Aurous will become a publicly traded group and ultimately be listed on NASDAQ.

The Sidley team is being led by Joshua G. DuClos (M&A and Private Equity), George Vlahakos (Energy and Infrastructure), Zachary Shub-Essig (M&A and Private Equity), and John W. Stribling (Energy and Infrastructure), and includes Nick DeAngelis, Robert C. Uhl, and Jihyun (Jamie) Yoon (M&A and Private Equity); Tanner L. Groce, Alan Williams, Walter M. Deere, and Caroline E. Abbott (Energy and Infrastructure); Noam M. Waltuch, Angela T. Richards, and Jonathan M. Westreich (Tax); James W. Lowe and Ken Daly (Antitrust and Competition); Stacy Crosnicker and Gregory C. Matisoff (Employee Benefits and Executive Compensation); Heather M. Palmer and Greta T. Carlson (Environmental); David P. Kreisler (Investment Funds); Cathryn Le Regulski (Labor and Employment); Dina M.P. Kang (Technology and Life Sciences); and Craig Francis Dukin (White Collar: Government Litigation and Investigations).