Haynes Boone represented Cairn Financial Advisers LLP and Bowsprit Partners Ltd in their roles as financial advisers on the acquisition by Talon Resources PLC of a 90 percent stake in Wedgetail Mining Corp, a Canadian mining company that owns the Eagle Lake gold project in Ontario.
The transaction also included a related fundraising and the admission of the enlarged group to the AIM market of the London Stock Exchange. Talon Resources was previously listed on the Main Market of the London Stock Exchange and elected to move to AIM as part of the transaction.
The Haynes Boone team was led by Partner Nick Heap, with support from Associates Ravina Mahajan and Johanna Reimann.
"We are pleased to have advised Cairn Financial Advisers and Bowsprit Partners on this significant transaction, which brings together a high-quality Canadian gold asset with a public company platform positioned for future growth," said Heap. “The successful fundraising and AIM admission reflect continued confidence in the mining sector and the opportunities available in London's capital markets."
This transaction further strengthens Haynes Boone’s strong track record advising clients on AIM. The firm was featured in The Lawyer last year following a standout period representing AIM-listed clients, and its latest rankings reinforce that momentum, placing Haynes Boone No. 1 among U.S. law firms by number of AIM clients.
In 2026, the London Capital Markets team has represented Rift Helium on its AIM IPO and advised Chariot Limited and Helix Exploration PLC on equity fundraisings. The team also acted for nominated advisers and brokers on AIM transactions for Star Energy Group PLC, Zanaga Iron Ore Company and Kelso PLC. Clients rely on Haynes Boone’s cross-border experience and integrated counsel across all major U.S. and UK exchanges.
Haynes Boone’s Capital Markets Practice advises on high-value public offerings, including IPOs, PIPEs, reverse mergers and dual listings. The team has led landmark deals across mining, energy, tech, life sciences and financial services, including one of the largest IPOs in LSE history and the first Nasdaq-LSE dual listing of this century. Clients rely on our cross-border experience and integrated counsel across major U.S., U.K. and global exchanges for securities transactions, compliance and REIT structuring.
