Press Release - 14/05/2020
Edwin Coe advises Tethyan Resource Corporation
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 is a London-based full service law firm with international reach. Since 1913, we have offered a comprehensive range of integrated legal services to meet the needs of individuals, organisations and businesses based throughout the UK and internationally. Our industry-leading experts provide our clients with highly personal and responsive advice, balancing profit and purpose, to help achieve their personal and business goals.
With 39 Partners, we are ranked 115 in the current edition of The Lawyer’s ‘UK 200’ law firms and are recommended in all the major legal directories. We are proud to be B Corp™ certified, part of a global community of businesses working to redefine success in business, and create a more inclusive and sustainable economy.
