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Harneys advises Talon Metals Corp on $127 million acquisition of Lundin Mining US Ltd.

02 Feb 2026
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Harneys advised Talon Metals Corp, a BVI-incorporated company listed on the Toronto Stock Exchange, on its successful acquisition of Lundin Mining US Ltd., a subsidiary of Lundin Mining that owns the Eagle Mine and Humboldt Mill. The transaction involved the exchange of 275,152,232 Talon Shares, increasing Lundin Mining’s ownership in Talon from 1.57 per cent to 19.99 per cent of the outstanding Talon Shares on a non-diluted basis.

The Harneys team was led by Partner and Global Head of Corporate George Weston, with support from Senior Associate Priya Mattu and Associate Ki'eyra Dawson. Cassels Brock and Blackwell LLP advised on the Canadian law aspects of the transaction.

George commented: “We’re delighted to have worked with our longstanding client Talon Metals on this landmark acquisition of Lundin Mining US Ltd. This deal showcases the strength of our team in handling complex cross-border transactions involving BVI companies. The acquisition of the Eagle Mine and Humboldt Mill is a major step forward for Talon Metals, and it’s been a privilege to support them in achieving this strategic milestone.”

The Corporate team at Harneys advises on complex cross-border transactions involving British Virgin Islands, Bermuda, Cayman Islands, Cyprus, Jersey and Luxembourg corporate vehicles. The team’s significant track record includes advising on high-profile private equity transactions, landmark IPOs, as well as public and private M&A and joint ventures.