Media Release: Clayton Utz advising Central Asia Metals on A$185 million scheme of arrangement with New World Resources

The implementation of the scheme is subject to a number of conditions, including the approval of New World Resources shareholders, the Court and specified US and North Macedonian regulatory approvals.

Corporate partners Stephen Neale and Mark Paganin are leading the firm's team together with senior associate William Davies, with key support from lawyers Victoria Bandurski and Ally Clark. Other core team members include Tax partners Peter Feros and Keshni Maharaj.

CAML is a UK incorporated base metals producer headquartered in London. It is listed on the AIM market of the London Stock Exchange with a market capitalisation of approximately A$600 million.

CAML owns 100% of the Sasa underground zinc-lead mine in North Macedonia, Europe, and 100% of the Kounrad SX-EW copper project in central Kazakhstan. CAML also owns an 80% interest in CAML Exploration, a subsidiary formed to progress early-stage exploration opportunities in Kazakhstan, and a 28.4% interest in Aberdeen Minerals Ltd, a privately-owned UK company focused on the exploration and development of base metals opportunities in northeast Scotland.