The listing seeks to broaden Resouro Strategic Metals' exposure to investors
Thomson Geer has supported Canada-based mineral exploration company Resouro Strategic Metals Inc. on its dual listing on the ASX.
The firm helped Resouro raise $8m for its IPO. Resouro’s market capitalisation came in at around $61m the day it was listed.
The dual listing broadens Resouro’s exposure to investors. The Canadian company is listed on Canada's TSX-V exchange as well.
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Thomson Geer lead partner Marc Wilshaw said that the team was eager to continue its work with Resouro “post-listing as they continue to develop the Tiros Project and establish themselves as a significant player in the rare earths industry”. Wilshaw was supported by senior associate Jonathan Foo and lawyer Imogen Farmer in working on the deal.
Resouro concentrates on discovering and developing critical mineral resources in Brazil through its rare earth elements and titanium project, the Tiros Project.
In 2022, Thomson Geer advised on the biggest IPO in Australia for that year.