Eagle Eye Asset Holdings Pte. completes its entry into a US$160M precious metals purchase agreement with Toubani Resources Limited
On July 13, 2026, Eagle Eye Asset Holdings Pte. Ltd. ("EEA") completed its entry into a US$160 million precious metals purchase agreement with Toubani Resources Limited ("Toubani") relating to the Kobada Gold Project in Mali (the “Kobada Project”). Pursuant to the agreement, EEA agreed to provide funding to support the development and construction of the Kobada Project in exchange for the right to acquire a portion of the produced gold. The mandate included advising on the closing of the first US$25 million drawdown under the stream, which forms a cornerstone of Toubani's approximately A$395 million construction financing package for the Kobada Project. The transaction required the coordination and implementation of a multi-jurisdictional security package spanning Mali, the Netherlands, the United Arab Emirates, the United Kingdom, Barbados, Australia and British Columbia.
EEA is a Singapore-based investment firm with a focus on mining and clean energy investments.
Toubani is an ASX-listed Australian mineral exploration and development company focused on the development and construction of the Kobada Project, with first gold for the Kobada Project targeted for the third quarter of 2027.
McCarthy Tétrault LLP advised EEA with a team led by Roger Taplin, Christopher Langdon and Genevieve Loxley that included Adam Wanke, Chris Zawadzki, Rob Legge, Matthew Yensen, Emma Good, Nicky Ning and Liam Peet-Paré (Business).
