AVELLUM ADVISED VOLT RESOURCES LIMITED ON ACQUISITION OF 70% STAKE IN ZAVALLIVSKYI GRAPHITE GROUP

News

AVELLUM ADVISED VOLT RESOURCES LIMITED ON ACQUISITION OF 70% STAKE IN ZAVALLIVSKYI GRAPHITE GROUP

AVELLUM acted as the legal counsel to Volt Resources Limited (“Volt”) on the acquisition of 70% stake in the Zavallivskyi Graphite Group (“ZG Group”). Volt is a graphite and gold exploration and development company listed on the Australian Stock Exchange.

AVELLUM provided full legal support to Volt in negotiations and drafting of the transaction documents and coordinated completion of the entire transaction. We also performed legal due diligence of the ZG Group. 

Trevor Matthews, managing director at Volt, commented: “Following this transaction, Volt has the potential to become a key market participant in the supply of graphite and battery anode materials into the growing European market with excellent access to other markets in the US and the Middle East”.

Mykola Stetsenko, the managing partner at AVELLUM commented: “This acquisition by Volt signifies an increasing interest of foreign investors in Ukraine. It also underscores the strategic importance of Ukraine in the battery production chain of the growing electric vehicle industry”.

Volt is focused on the exploration and development of its wholly owned graphite and gold projects in Tanzania and Guinea and now Zavallya (Ukraine), and the identification of further assets globally.

The ZG Group operates a long-life graphite mine and processing plant with a nameplate capacity of up to 30,000 tonnes per annum, producing graphite products across the range and has the potential to significantly increase its high-value large flake production.

AVELLUM team was led by managing partner Mykola Stetsenko with support from partner Maksym Maksymenko and associates Daryna Mykhailenko and Andriy Kornuta.

Authors

MYKOLA STETSENKO

Managing Partner

mstetsenko@avellum.com

MAKSYM MAKSYMENKO

Partner

mmaksymenko@avellum.com

Posted on July 29, 2021

AVELLUM is highly recognised in the IFLR1000 ranking

We are thrilled to announce that AVELLUM has once again achieved outstanding recognition in the prestigious IFLR1000 rankings.  AVELLUM is listed in the highest Tier 1 for Banking and Finance, M&A, Capital Markets, Restructuring & Insolvency, and Tier 3 for Project development work. We are immensely proud of the individual rankings garnered by our team: […]

Posted on September 18, 2023 by MYKOLA STETSENKO

Vadim Medvedev and AVELLUM team helped to secure anti-suit injunction before High Court in England and Wales

AVELLUM is pleased to announce that its partner, Vadim Medvedev, acted as an expert on Ukrainian law in a high-profile case before the High Court of Justice. The case arises from certain claims related to alleged misappropriation of loans originally issued by a now-insolvent Ukrainian bank. AVELLUM’s assistance proved instrumental for the High Court to […]

Posted on September 12, 2023 by VADIM MEDVEDEV
Subscribe to our Newsletter
Back
Search results: