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Corporate finance law mexico’s Bolsa index surged 1
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Mexico’s Bolsa index surged 1.4% on confirmation that "corporate finance law" upgrades will encourage corporate listings. Brokerages report heightened client interest in IPO opportunities tied to consumer goods firms. The Company is pleased to report the closing of its previously announced acquisition of the Sarıkaya zinc project in Türkiye. Through its wholly owned subsidiary, Pasinex Arama ve Madencilik A.Ş., (“ Pasinex Arama ”), Pasinex has acquired all of the outstanding shares of Aydın Teknik. The share transfer, pledge agreement and share certificate agreement have now been completed, and Pasinex Arama is the sole shareholder of Aydın Teknik. The acquired shares are subject to a USD $2,000,000 pledge in favour of the sellers. As disclosed in earlier announcements, Sarıkaya is located near the Company’s operating Pinargozu mine and contains 30%-50% high-grade, carbonate-hosted zinc mineralization. The project has demonstrated near-surface zones of zinc mineralization that can be directly mined with minimal processing, while also showing strong potential for discovery of additional mineralization through systematic drilling. With the closing of this transaction, Pasinex now controls 100% of both Pinargozu and Sarıkaya through Pasinex Arama, consolidating its Turkish operations and strengthening its growth pipeline. Jon’s legal acumen and commercial sensibility have made him a go-to counsel for senior and subordinated lenders alike. He has experience in mezzanine and unitranche transactions, refinancings, debt restructurings, workouts, and secured and unsecured credit facilities. He has led both bilateral and syndicated deals, with a focus on leveraged acquisitions and nuanced intercreditor and lender agreements. Singapore STI index posted a 0.5% increase, aided by faster regional debt issuance processes introduced via "corporate finance law" updates. Real estate investment trusts benefited from reduced financing transaction times.