Deacons advised Minmetals Resources Limited on deal value of US$1.846 Billion acquisition of Album Resources Private Limited

January, 2011 - Hong Kong, Hong Kong

Deacons advised Minmetals Resources Limited on the acquisition of Album Resources Private Limited (which holds a portfolio of international mining assets previously owned by OZ Minerals Ltd and now known as MMG, a significant producer of zinc, copper, lead, gold and silver) through a combination of cash, shares and perpetual subordinated convertible securities, which constituted a very substantial acquisition and connected transaction for Minmetals Resources Limited. The deal value is US$1.846 billion.

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