Expert in joint ventures and mining law

Aside from proper establishment and identifying purpose, JVs usually involve negotiation of voting rights, including where special majorities are required for the JV to take an action. Crest’s team has deep experience in negotiating these important control issues for clients, including against major mining companies on behalf of a smaller party, and can assist with your venture. While taxation is outside the scope of Crest’s work, we can partner with your tax adviser to align your solution.

Where an investment will be made in tranches and the interest in the tenements will accrue in stages, a farmin may be an appropriate structure to match funding to venture holding. Crest’s team has experience in such arrangements and can support you in your project.

From residual environmental liability and indemnities to dealing with secured royalties, Crest’s team has experience to help you navigate this complex area.

Part of your investment exit may involve trailing payments, here Crest’s team has the expertise to ensure the scope of your rights is clear and protected from dilution, for example due to being net of unclear costs.

Here you may need to understand your suite of rights, obligations, triggers and ability to novate or restructure. Crest’s team has the experience to identify and summarize what you are looking at from a number of different perspectives depending on your focus and intentions.

Investment may come via an intermediary who seeks a success fee. Which investors and what counts as an introduction are key topics in this area where ‘every word counts’. Crest’s team has experience negotiating individual intermediary agreements with success fees of up to DKK50+m each, so we can guide on the ‘pain points’ with authority.

Crest’s team has experience with numerous corporate and formal processes, meaning we can guide you on these processes as needed for your corporate actions.

Crest’s team has broad and detailed experience in commercial law including procurement and is well placed to advise you, including on ‘out of the box’ challenges.