Global law firm Ashurst Perkins Coie has advised Elevra Lithium Limited (Elevra) on the issuance of a C$65 million upfront tranche of convertible notes to a subsidiary of Canada Growth Fund Inc.
The upfront tranche forms part of Elevra's broader financing package, consisting of equity financing and a second tranche of convertible notes, helping to fund the North American Lithium Brownfield expansion and Elevra's strategy to increase annual production capacity and reduce costs.
The Ashurst Perkins Coie team was led by partners Gaelan Cooney (Projects, Energy, Environment & Resources), Patricia Paton and Tony Damian (Corporate Transactions), who were assisted by: senior associate Josh Walsh and lawyer Lucas Ryan (Corporate Transactions); and partner Marina Tinning and lawyer Siew Mei Yong (Projects, Energy, Environment & Resources).
