Law firm Hill Dickinson recently advised Critical Metals plc, a Main Market listed developer of the Molulu copper/cobalt project in the Democratic Republic of Congo, on its recapitalisation involving obtaining a Rule 9 Waiver under the City Code on Mergers & Acquisitions and publishing a simplified prospectus.
The firm also provided advice in relation to the investment documents with NIU Invest SE, which is now the company’s largest shareholder. Hill Dickinson also supported the structuring and execution of a retail offer designed to enable existing shareholders and certain debt holders to participate in the fundraise.
We’re very pleased to have supported Critical Metals through this business-critical recapitalisation. With a strengthened capital base and a supportive major shareholder, the company is well-positioned to realise its potential. This transaction sits squarely within our core expertise — advising UK issuers in the metals and mining sector on complex capital markets matters.Jonathan Morris
Corporate Partner at Hill Dickinson
Corporate partner Jonathan Morris led on the provision of legal advice to Critical Metals, assisted by Natalia Fryda and Elly Fabio, saying: “We’re very pleased to have supported Critical Metals through this business-critical recapitalisation. With a strengthened capital base and a supportive major shareholder, the company is well-positioned to realise its potential. This transaction sits squarely within our core expertise — advising UK issuers in the metals and mining sector on complex capital markets matters.”