A team from PRK Partners - along with a team from Norton Rose Fulbright - assisted Euro Manganese Inc., a major investor in the Czech Republic and a company listed on the Canadian and Australian stock exchanges, in negotiating the terms of funding for the development and construction of a manganese mining project in the Czech Republic. The funding provided in the form of a convertible royalty loan and royalty agreement by the investment group Orion Resource Partners is entirely innovative in the Czech Republic.
PRK Partners' support covered the overall legal support for the project, negotiation of the convertible loan and royalty agreements and provision of security in several jurisdictions. The PRK Partners team was headed by partner Daniel J. Rosicky in cooperation with associate partner Tomas Bures and senior associate Lucie Vorlova.