"Michael Dawes is excellent at client relationships and provides outstanding advice. He is focused on mining but shows a strong commercial knowledge that translates to strong advice. Amongst the handful of lawyers that can be depended on to provide good advice on both listing rules and AIM matters in the junior sector."Legal 500, 2021
Mining: Developing projects in an uncertain market
At a glance
It’s an interesting time in the mining industry. China’s perceived economic slowdown has undermined confidence and acted as a catalyst for price drops on everything from iron to lead. The bottom line is, you want to develop your project, but it’s become harder.
At Memery Crystal, we’re well placed to help. We’re a firm with a reputation for helping companies secure finance in many different ways, and we also have specialist understanding and experience in the mining sector.
If you are an explorer, a developer or a miner looking to secure finance to grow, be it public or private debt or equity, or to make acquisitions or disposals, we can help make it happen. Most of our work is international, so we also work alongside the best lawyers in local jurisdictions internationally to navigate you through the local legal issues. We have unique AREAS to a network of trusted lawyers, private investors and institutions.
Advised Kropz on its admission to AIM, fundraising of $35m and its $40m acquisition of Cominco Resources.
Acted for ASX-listed MOD Resources on its admission to the LSE’s Main Market.
Acted for ASX-listed Danakali Ltd on its admission the LSE’s Main Market.
Acted for Petra Diamonds Limited on an AIM placing which raised £205m.
Advised Petra Diamonds Limited on the issue of a $300 million high yield bond.
Acted for a private investment fund in respect of term loan facilities to Guinea-based and Burundi-based mining companies.
Advised on the admission of Tharisa Plc to the standard listing segment of the Official List and to trading on the Main Market of the LSE.
Advised Caledonia Mining Corporation on its re-domicile from Canada to Jersey and re-admission to AIM.
Advised on a $20m placing for Sierra Rutile by Numis Securities, Investec and RBC.
Advised SP Angel and Jub Capital in relation to the £1 million placing and IPO of Mkango Resources Ltd (TSX-V listed).
Advised on the admission of Rainbow Rare Earths to the standard listing segment of the Official List and to trading on the Main Market of the LSE.
Advised SigmaRoc on the acquisition of LafargeHolcim subsidiary, Ronez, which was funded by a placing of new ordinary shares and convertible loan notes raising £50 million.
Advised Shanta Gold Limited in relation to its US$10.5 million placing carried out by Peel Hunt and open offer.
Advised on a $20m bridge financing for Alufer Mining by Pala Investments and Resource Capital Fund.
Mining Companies Listing Guide
The London capital markets are host to a vast number of international mining companies, and London is the pre-eminent provider of finance to mining projects.
Memery Crystal is the most active law firm helping international mining companies achieve a London listing, and we work hard to help mining projects succeed in the London markets.