Cases & Deals

Central Asia Metals acquires Lynx Resources Limited for $402.5 million

Clients Central Asia Metals PLC

Jones Day represented Central Asia Metals PLC ("CAML") in connection with its acquisition of Lynx Resources Limited, which owns the SASA zinc-lead mine in Macedonia, for US$402.5 million and the connected equity fundraise of £113 million (US$153.5 million). The acquisition constitutes a reverse takeover under the AIM Rules for the Company and accordingly, the cancellation of CAML's existing Ordinary Shares from trading on AIM and Readmission occurred simultaneously.

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