Connor McClymont

Mergers and Acquisitions, Joint Ventures and Projects

• Acting for Metals Acquisition Limited (NYSE:MTAL) in connection with its acquisition of Glencore’s “CSA” mine in New South Wales for a total purchase price of circa US$1.1 billion.
• Acting for ITOCHU Iron Ore Australia, a subsidiary of ITOCHU Corporation, in connection with the acquisition of a partial interest in the Minsters North iron ore project owned by BHP.
• Advising SKY Perfect JSAT Corporation and its related entities in connection with the acquisition from, and collaboration with, Planet Labs PBC of a US$230 million low Earth orbit “Pelican” satellite constellation.
• Advising ARTERIA Networks Corporation in connection with its joint venture consortium with various major international telecommunications and communications providers in connection with the construction of the Asia United Gateway East international optical submarine cable project connecting Singapore and Japan.
• Acting for Air Liquide Japan G.K, a subsidiary the world leading medical and industrial gas, technology and service provider, Air Liquide, on its divestment of VitalAire Japan.
• Acting for Ketjen Netherlands Holdings B.V, a subsidiary of Albermarle Corporation, on its divestment of its interest in Nippon Aluminum Alkyls Ltd., an organometallic compounds manufacturer, and associated long term mineral supply agreement.
• Acting for ITOCHU Iron Ore Australia in connection with the acquisition of a partial interest in the Western Ridge iron ore project owned by BHP.
• Acting for ITOCHU Corporation (a Fortune Global 500 company), on its minority strategic investment into Western Australian integrated energy company UON Pty Ltd.
• Advising ITOCHU Corporation on Australian law matters in connection with its acquisition of a minority interest in the AMMC joint venture project for US$560 million.
• Acting for Animoca Group on its acquisitions of Be Media Group and Grease Monkey Games Pty Ltd, addressing “new economy” issues, such as cryptocurrency, NFTs and blockchain technology.

Equity Capital Markets

• Advising Metals Acquisition Limited on a US$55 million private placement to Osisko and Sprott in connection with purchase of CSA Mine.
• Acting for Alvo Minerals Limited (ASX:ALV) on its AU$10 million initial public offering and listing to the ASX.

Natural Resources

• Acting for Metals Acquisition Limited in connection with its 1.5% net smelter life of mine royalty to Glencore in connection with the acquisition of CSA Mine.
• Acting for Metals Acquisition Limited in connection with a US$75 million silver stream prepurchase and a US$75 million copper stream prepurchase from Osisko in connection with acquisition of CSA Mine.

General Corporate Advisory & Commercial

• Acting for ARTERIA Networks Corporation on its grant of an indefeasible right of use over subsea fiber optic cable capacity to an Australian-based NGO.
• Acting for Metals Acquisition Corporation’s (NYSE:MTAL) financing of its acquisition of the US$1.1 billion acquisition of the CSA Copper Mine, by way of US$205 million syndicated senior facility, a US$135 million mezzanine loan note provided by Sprott Resource Lending Corp., a US$75 million silver stream and US$75 million copper stream, each provided by Osisko Bermuda Limited.
• Acting for foreign investors including ITOCHU Corporation, Oji Holdings Corporation and various others in connection with Australian foreign investment (FIRB) clearances.

Data Privacy and, Cybersecurity & Emerging Technologies (AI)

• Acting as an independent privacy impact assessor for a major Australian provider of identity verification services in connection with an application for accreditation with the Australian Trusted Digital Identity Framework.
• Advising the Western Australian Football Commission on implementation of a whole-of-organisation privacy and cybersecurity compliance framework.
• Acting for SFW Capital Partners in connection with its majority investment in Captify Technologies Ltd, a “privacy first” search technology provider, advising on Australian privacy compliance matters in the context of complex cross-border operations.
• Acting for GB Group plc in its acquisition of Vix Verify Global, a provider of identity verification and location intelligence solutions, in the context of a multimillion-dollar cross-border transaction with respect to data privacy and cybersecurity transfer and compliance issues.
• Acting for various clients including an international data analytics company, an international mining entity and various others, liaising with the Office of the Australian Information Commissioner in connection with Australian data breaches.