find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Clayton Utz advises on Tigers' $37.5m ASX debut

Clayton Utz advises on Tigers' $37.5m ASX debut

Clayton Utz has advised coal explorer Tigers Realm Coal on its $37.5m IPO and listing on the ASX today. However, the ASX debut lacked bite.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

CLAYTON Utz has advised coal explorer Tigers Realm Coal as issuer on its A$37.5 million initial public offering and listing on the ASX today.

Tigers Realm issued 75 million shares at a price of 50 cents per share. It listed today with a market capitalisation of approximately A$182 million.

Reports today say the debut on the ASX today lacked bite, however. Shares in the company were down 3.5 cents, or 7 per cent, at 46.5 cents earlier today.

Tigers Realm Coal, which is part of the Tigers Realm Minerals Australian based resources group, is focused on developing two coking coal projects, the Amaam coking coal project in Far Eastern Russia and the Landazuri coking coal project in Colombia, South America.

The company aims to become a significant participant in the seaborne coking coal market by advancing its projects through resource delineation and scoping studies.

Clayton Utz Melbourne partner Charles Rosedale led the firm's team, with support from partner Brendan Groves and lawyers Warrick Louey and Sarah Pfeiler and graduate-at-law Peter Hamblin.

"We are delighted to have assisted Tigers Realm Coal with its listing on the Australian Stock Exchange in these challenging market conditions," said Rosedale.  

Clayton Utz advises on Tigers' $37.5m ASX debut
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Scales of Justice, ALA, right-to-die law
Oct 24 2017
‘Right-to-die’ laws would be a relief for terminally ill: ALA
The passage of an assisted dying bill through the lower house of Victorian Parliament has been haile...
Oct 24 2017
Diversity top of agenda for future WA Law Society president
The advancement of diversity in the Western Australian legal profession will be one of the key items...
Oct 23 2017
How to fail well
The legal profession is due for an attitude adjustment when it comes to perceived failures, accordin...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...