Nexa Resources’ $70 Million Acquisition Of Karmin Exploration


Fraga, Bekierman & Cristiano Advogados advised Karmin Exploration Inc. Brazilian and Subsidiaries Karmin Holdings Ltda. and Mirenação Rio Aripuanã Ltda. Gowling WLG (Canada) LLP advised Karmin Exploration Inc. Lefosse Advogados advised Nexa Resources S.A. Stikeman Elliott LLP also advised Nexa Resources S.A.

Nexa Resources S.A. (NYSE and TSX: NEXA), alongside with its Brazilian subsidiaries, executed the acquisition of Karmin Exploration Inc.

Karmin Exploration Inc., a Canadian mining company, exploring for base and precious metals in Brazil. Karmin Exploration Inc. was part of the Aripuanã Project, a zync mining operation.

Nexa is a large-scale, low-cost integrated zinc producer with over 60 years of experience developing and operating mining and smelting assets in Latin America.

Ernst & Young Global Limited acted as financial advisor with Joao Stanisci.

Fraga, Bekierman & Cristiano Advogados Brazilian team was led by partners Marcelo Leonardo Cristiano (Picture), and Helena Fernandes, with assistence from associates Guilherme Cinti Allevato, and Beatriz Souza Costa.

Gowling WLG Canadian team included France Tenaille,

Ian Mitchell, Amanda Stevens, and Marek Lorenc.

Lefosse Advogados team included Fabiane Ortiz and Sarah Cellim.

Involved fees earner: Guilherme Cinti Allevato – Fraga, Bekierman & Cristiano-Advogado; Marcelo Leonardo Cristiano – Fraga, Bekierman & Cristiano-Advogado; Helena Marques de Souza Fernandes – Fraga, Bekierman & Cristiano-Advogado; Beatriz Souza Costa – Fraga, Bekierman & Cristiano-Advogado; Marek Lorenc – Gowling WLG; Ian Mitchell – Gowling WLG; Amanda Stevens – Gowling WLG; France Tenaille – Gowling WLG; Sarah Cellim – Lefosse; Fabiane Pereira Ortiz – Lefosse;

Law Firms: Fraga, Bekierman & Cristiano-Advogado; Gowling WLG; Lefosse;

Clients: Karmin Exploration Inc.; Karmin Holdings Ltda.; Mirenação Rio Aripuanã Ltda.; Nexa Resources SA;