Two new Memery Crystal mining clients announce LSE float intention

Taseko Mines is a North American focused copper producer and developer that seeks to create long-term shareholder value by acquiring, developing, and operating large tonnage mineral deposits. The company’s sole operating asset is the 75% owned Gibraltar Mine, which is located in central British Columbia and is one of the largest copper mines in North America. Taseko also owns 100% of the Florence Copper Project in the United States, which it is advancing towards production.

TNG is an Australian resources company focused on the evaluation and development of its 100%-owned Mount Peake Vanadium-Titanium-Iron Project, located in the highly prospective Arunta Geological Province in the Northern Territory.

Michael Dawes, co-head of Memery Crystal’s mining team, who is advising TNG, commented: “We’re delighted to have been instructed by two new mining clients on their proposed dual listings on the LSE. They will join a number of ASX and TSX listed mining companies whom we have advised on dual listing in London over the past 12 months, including Valuera Energy, Pure Gold Mining Inc, MOD Resources and Danakali. This is a testament to our market-leading position in bringing Australian and Canadian resources companies to the UK.”

Kieran Stone, corporate partner, who is advising Taseko, added: “This further demonstrates the attractiveness of London to companies looking to increase their liquidity and take the next step in their development.”