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Global law firm Herbert Smith Freehills is advising Tulla Resources Plc (ASX: TUL) on its proposed merger with Pantoro Limited (ASX: PNR).
Firm: Herbert Smith Freehills (Tulla Resources)
The merger, HSF said in a statement, will consolidate 100 per cent ownership and control of the Norseman Gold Project, along with the Norseman battery and base metals mineral rights.
Area: Merger and acquisition; capital markets
Value: N/A
Key players: The HSF team was led by partners Adam Charles and Tim McEwen, who were supported by executive counsel Cecilia Mehl, senior associate Nicolas Lee, and solicitor Rhys Ryan, as well as partners Sian Newnham, Nick Heggart and Andrew McLean, and senior associate Kirstin Northway.
Deal significance: Mr Charles said: “We are delighted to be advising Tulla Resources on this transaction, which will provide Tulla shareholders with the opportunity to realise significant value via the consolidated ownership of the Norseman gold asset and battery metals, and the retained ownership of the industrial mineral rights at Norseman.
“We are proud to have drawn on our market-leading public M&A, capital markets, energy and resources, tax and finance practices to assist the Tulla team in undertaking this complex transaction. We look forward to continuing to advise Tulla Resources throughout this project.”
Mr McEwan added: “Having continued to work with Tulla Resources since its 2021 IPO, it is great to be assisting the company in this important transaction. We pride ourselves on supporting our clients throughout the long term on a variety of transactions.”
Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.
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