Lumina Metals Completes C$406 Million IPO

Paul, Weiss advised the underwriters and initial purchasers on Lumina Metals Corp.’s C$406 million Canadian initial public offering and concurrent 144A offering. BMO Capital Markets, National Bank Financial Inc., Morgan Stanley Canada Limited, RBC Capital Markets and CIBC Capital Markets acted as co-lead underwriters and joint bookrunners for the offerings. 

Lumina Metals is a mineral exploration and development company advancing three copper and silver projects in south-western Poland. The offering included 32,497,000 common shares priced at C$12.50 per share.

The Paul, Weiss team was led by corporate partner Christopher Cummings and included tax partner Matthew Jordan; and environmental counsel William O'Brien.