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New Deal


Announced

Completed

Lifezone Metals went public via a SPAC merger with GoGreen Investments in a $1bn deal.

Financials

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Transaction Value£807m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Reverse Takeover

Tanzania

Cross Border

Private

Single Bidder

Majority

nickel exploration

Acquisition

Merger

General Mining

De-SPAC

Friendly

Completed

Synopsis

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Lifezone Metals, a developer of cleaner battery metals, went public via a SPAC merger with GoGreen Investments, a SPAC company, in a $1bn deal. “Lifezone is bringing to market an economic solution that aims to reduce the impact on the climate at a time when there is a clear imbalance between supply and demand for responsibly sourced battery materials. The company is developing what it believes will be one of the cleanest, most socially responsible nickel production facilities in the world. The propriety technology has the potential to significantly lower the cost, as well as the environmental and climate footprint, of mineral processing," John Dowd, GoGreen Investments CEO.

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