Laytons ETL’s Equity Capital Markets team advised AIM-quoted Tungsten West Plc (the Company), the mining company focused on restarting production at the Hemerdon tungsten and tin mine in Devon U.K., on a fundraising of £4.3 million by way of adding an additional tranche H to its existing 2023 Convertible Loan Notes (CLN).
The shift of Strategy (formerly MicroStrategy) from being an enterprise software firm selling business intelligence tools to a corporate owner of bitcoin when they first purchased in August 2020 around USD$250 million of Bitcoin (BTC) to hold in its treasury, has caught on, it seems, on this side of the pond.
This County Court lease renewal case under Part 2 of the Landlord and Tenant Act 1954 (“LTA 1954”) relates to the tenant’s attempt to include a break clause in a renewal lease and is a notable application of the Court’s approach to determining renewal lease terms set out in the leading case of O'May v City of London Real Property Co Ltd [1983] AC 726 (“O’May”).
