Memery Crystal acts for Beacon Hill Resources Plc on US$21m AIM fundraising

Beacon Hill is an AIM and ASX listed company with a portfolio of projects in commodities relating to the steel production industry, including its flagship Minas Moatize Coking Coal Project in the Tete Province of Mozambique.

The Memery Crystal team was led by corporate partner Michael Dawes and included corporate associate Rumit Nanji, corporate assistant Kate Seabourne and trainee Lara Magor.

Michael Dawes commented: “Beacon Hill has recently made great progress in securing rail allocation for its Minas Moatize project and raising a significant amount of money in a difficult market. We’re delighted to continue our involvement with the company as it increases production at Tete.”

Memery Crystal is a recognised leader for its natural resources corporate finance work, covering M&A, private equity and IPO/fundraising for UK and international companies. The firm is ranked among the upper tier of law firms for its AIM and Mining experience by both Chambers UK and The Legal 500, acting for smaller to medium-sized public companies as well as for their nominated advisers and brokers.  In the most recent edition of the Morningstar Professional Services Rankings Guide (AIM Edition), Memery Crystal was ranked as the leading legal adviser based on the number of AIM Basic Materials clients