Laytons ETL’s Capital Markets team advises Tungsten West Plc on fundraising
Laytons ETL’s Capital Markets team advised Tungsten West Plc (the Company), the mining company focused on restarting production at the Hemerdon tungsten and tin mine in Devon U.K., on fundraising by way of adding an additional tranche F to its existing 2023 Convertible Loan Notes (CLN). The fundraising was completed by amending and restating the CLN to include a new Tranche F to raise funds from existing CLN noteholders.
Alistair Stobie, Chief Financial Officer of the Company commented:
“It was great working with Joan Yu and her team again, at their new firm Laytons ETL”
Joan Yu, Partner and Head of Corporate at Laytons ETL said: “We were pleased to advise the Company on this fundraising and look forward to future opportunities to continue working with the Tungsten West team.”
Our Capital Markets team was led by Joan Yu (Partner and Head of Corporate) and supported by Cameron Sutton (Associate) and Tomos Bliss (Trainee Solicitor).