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The National Wealth Fund announces the acquisition of a 28.50% equity interest in TSXV/AIM listed Cornish Metals Inc.

Fasken
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Overview

Client

National Wealth Fund

In March 2025, the National Wealth Fund, the sovereign wealth fund of the United Kingdom, completed the acquisition of 28.50% of the common shares of Cornish Metals Inc., a dual listed TSXV and AIM mineral exploration and development company owning the South Crofty underground tin mine located in Cornwall, UK, for consideration of approximately £28.5 million.

Fasken advised the National Wealth Fund with a team led by Jodi Katz and included Andrew House, Richard Steinberg, Steve Saville, Dani Bryant, Jordan Thompson, Martin Ferreira Pinho, Henry Gray, Robin Spillette, Stephen Vincelli, Sukhvir Gill, Andrea Chabot (Paralegal/Law Clerk), and Tracy Lowe (Paralegal).

Jurisdiction

  • Canada

Team

  • Jodi Katz, Partner | Managing Partner, London, London, +44 (0)20 7917 8579, [email protected]
  • Andrew D. House, Partner | Co-Leader, National Security and Defence Group, Ottawa, ON | Toronto, ON, +1 613 696 6885, [email protected]
  • Richard J. Steinberg, Partner | M&A, Mining, Toronto, ON, +1 416 865 5443, [email protected]
  • Steve Saville, Partner | Corporate/Commercial, Vancouver, BC, +1 604 631 3150, [email protected]
  • Dani Bryant, Partner | Litigation and Dispute Resolution, Energy and Climate, Vancouver, BC, +1 604 631 4820, [email protected]
  • Jordan Thompson, Partner | Labour, Employment & Human Rights, Surrey, BC | Vancouver, BC, +1 604 631 3277, [email protected]
  • Martin Ferreira Pinho, Partner | Mergers & Acquisitions, Vancouver, BC, +1 604 631 3187, [email protected]
  • Henry Gray, Associate | Competition, Marketing & Foreign Investment, Toronto, ON, +1 416 865 4476, [email protected]
  • Robin Spillette, Student Recruitment and Talent Leader, Toronto, ON, +1 416 868 7817, [email protected]
  • Stephen Vincelli, Associate | Corporate/Commercial, London, +44 (0)20 7917 8516, [email protected]
Jodi Katz, Partner | Managing Partner, London Jodi Katz Partner | Managing Partner, London London +44 (0)20 7917 8579
Andrew House Ottawa Lawyer Andrew D. House Partner | Co-Leader, National Security and Defence Group Ottawa, ON Toronto, ON +1 613 696 6885
Steven-Saville-Vancouver-Lawyer Steve Saville Partner | Corporate/Commercial Vancouver, BC +1 604 631 3150
Dani Bryant Female Lawyer Vancouver Dani Bryant Partner | Litigation and Dispute Resolution, Energy and Climate Vancouver, BC +1 604 631 4820
Jordan-Thompson-Vancouver-Lawyer Jordan Thompson Partner | Labour, Employment & Human Rights Surrey, BC Vancouver, BC +1 604 631 3277
Martin Ferreira Pinho, Partner | Mergers & Acquisitions Martin Ferreira Pinho Partner | Mergers & Acquisitions Vancouver, BC +1 604 631 3187
Henry Gray Ottawa Articling Student Henry Gray Associate | Competition, Marketing & Foreign Investment Toronto, ON +1 416 865 4476
Robin Spillette Toronto Lawyer Robin Spillette Student Recruitment and Talent Leader Toronto, ON +1 416 868 7817
Stephen Vincelli, Associate | Corporate/Commercial Stephen Vincelli Associate | Corporate/Commercial London +44 (0)20 7917 8516
Sukhvir Gill, Associate | Corporate/Commercial Sukhvir Gill Associate | Corporate/Commercial Vancouver, BC +1 604 631 4998
Andrea Kruyne Toronto Paralegal/Law Clerk Andrea Chabot Paralegal/Law Clerk | Corporate/Commercial, M&A Toronto, ON +1 416 865 4537
Tracy-Lowe-Paralegal-Vancouver Tracy Lowe Paralegal | Mergers & Acquisitions Vancouver, BC +1 604 631 4963