Druces LLP handles corporate and capital markets matters in the natural resources sector, notably in the Middle East and Africa, though it is also active in mining deals in Turkey, India, China and Latin America. Firmly focused on natural resources, its key partners Dominic Traynor, banking specialist Christopher Axford, and construction expert Richard Bailey see clients through from equity capital raising, through the issuance of listed debt, to acquisitions and mergers, as well as advising on project development. Jack Dervyn is heavily involved in oil and gas projects.

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Key clients

  • Elephant Oil Limited
  • Essentially Group Plc
  • EV Metals Group Plc
  • Critical Mineral Resources PLC
  • Africa Mining and Exploration Limited
  • Great Southern Copper Plc
  • Goldplat Plc
  • Katoro Gold PLC
  • Kavango Resources plc
  • Kibo Energy PLC
  • Panthera Resources plc
  • Power Metal Resources plc
  • Savannah Resources Plc

Work highlights

  • Advised Essentially Group PLC on its subscription and admission to the AQSE Growth Market with a market capitalisation of £25,650,000.
  • Advised long standing AIM listed client Savannah Resources Plc on its £6.1m placing and subscription and £0.4m raise through PrimaryBid.
  • Advised Kavango Resources plc, a company with its shares listed on the Standard Segment of the Main Market, on its two stage fundraising of £6m before expenses, which involved a simplified disclosure prospectus and Rule 9 waiver.

Practice head

The lawyer(s) leading their teams.

Dominic Traynor

Other key lawyers

Richard Bailey, Christopher Axford, Jack Dervyn