Edwin Coe is pleased to announce that it advised Tethyan Resource Corporation on the proposed sale of 100% of its issued share capital to Adriatic Metals PLC, by way of a Plan of Arrangement under the Business Corporations Act (British Columbia).
Tethyan is a precious and base metals mineral exploration company incorporated in British Columbia, Canada and listed on the TSX Venture Exchange. It is focused on the Tethyan Metallogenic Belt in Eastern Europe, mainly Serbia, where it operates two brownfield development projects, Kizevak and Sastavci, and has a large prospective landholding on the Tethyan mineral belt.
Adriatic is a dual listed (ASX and LSE) precious and base metals explorer and developer. This deal diversifies Adriatic’s portfolio and positions it as the leading Balkan base and precious metals developer.
The full announcement is here.
About Edwin Coe
Edwin Coe LLP is a full service law firm based in the heart of London’s historic legal district in Lincoln’s Inn. Founded in 1913, we have grown from our litigation origins to become a thriving and dynamic practice, providing a comprehensive range of legal services to meet the needs of a wide variety of businesses, individuals and organisations based throughout the UK and internationally.
With 33 partners, we are ranked 111 in the latest edition of The Lawyer ‘UK 200’ law firms and are recommended in all the major legal directories. We provide clients with innovative, tailored and integrated legal services and combine a highly personal and responsive service with industry leading expertise.