4 March 2008
Kerman & Co LLP advised Polo Resources Limited, the natural resources investment and mining company listed on AIM, on its readmission to trading on the AIM market.
The transaction involved both the acquisition of MUC Resources LLC, World Coal Works Corporation and Polo Resources LLC which hold coal, uranium and tungsten mineral licences and agreements in Mongolia, as well as the acquisition of a 20.5% interest in GCM Resources plc, an AIM listed company with a significant coal project in Bangladesh.
The Kerman & Co team was led by Mark Cardale and Michael Bennett, and assisted by Michael Corcoran and Julia Purcell.
Berwin Leighton Paisner acted for Canaccord Adams, the nominated advisor for Polo Resources Limited.