Collas Crill assists in Kazakhstan Stock Exchange listing

Posted: 29/06/2017

Collas Crill assisted Ferro Alloy Resources in the preparation of its constitutional documents for listing on KASE, the Kazakhstan Stock Exchange, following its migration from the British Virgin Islands to Guernsey.

The shares of Ferro Alloy were formally admitted to trading on KASE on 26 June. 

Ferro Alloy migrated to Guernsey earlier this year to take advantage of the corporate, tax and administrative benefits Guernsey can offer companies looking to access capital markets, while also bringing the company within the Takeover Code.

Ferro Alloy, through its wholly owned subsidiary Firma Balausa, is the holder of the rights to develop and exploit the Balasausqandiq vanadium deposit in Southern Kazakhstan. 

Simon Heggs, Senior Associate at Collas Crill, has been working with Ferro Alloy CEO Nick Bridgen and his team on the transaction.


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