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James R. Clyne

Partner
+61.8.9216.0902
Fax +61.8.9216.0901
Mr. Clyne has a focus on public and private mergers & acquisitions, whether by bid, scheme of arrangement or private treaty. He also works across capital markets, whether initial public offers, recapitalisations or equity raising.

He provides governance and foreign investment advice and is experienced in acting for clients in respect of contested shareholder meetings, shareholder activism, and before the Takeovers Panel.

Mr. Clyne works for clients across the resources industry, agribusiness, commodities and financial sectors.

Professional Background

Prior to joining K&L Gates, James was a Managing Associate at a global top tier law firm.

Mr. Clyne's experience prior to joining K&L Gates includes:

Mergers & Acquisitions
  • ASX/TSX/NSX-listed Extract Resources Ltd on its AUD2.2 billion off-market takeover by Taurus Mineral.
  • ASX/TSX/NSX-listed Extract Resources Ltd on the £632 million takeover of AIM-listed Kalahari Minerals plc (43 per cent shareholder in Extract) By Taurus Mineral, leading to the downstream acquisition of Extract
  • ASX-listed Wesfarmers Limited on its wholly-owned subsidiary’s AUD776 million merger by scheme of arrangement with ASX-listed Kidman Resources Limited.
  • ASX-listed AWE Limited on its AUD602 million takeover by TSE-listed Mitsui & Co., Ltd., the withdrawn AUD526 million merger with Mineral Resources Ltd, and its defence of the hostile AUD463 million bid by China Energy Reserve & Chemical Co., Ltd.
  • ASX-listed Sino Gas & Energy Holdings Limited on its AUD530 million merger by scheme of arrangement with US-based fund Lone Star.
  • Mining services company DSI Underground, a subsidiary of German company DSI Holding GmbH, on its acquisition (by way of private treaty) of the Fero Group.
  • ASX-listed Magellan Financial Group on its AUD140 million acquisition of Airlie Funds Management and Frontier Partners.
  • SGX-listed Noble Group on its AUD133 million on-market takeover of ASX-listed Territory Resources Limited.
  • ASX-listed Nido Petroleum Ltd on its AUD120 million off-market takeover by SET-listed Bangchak Petroleum.
  • Servco Australia, the Australian subsidiary of US-based Servco Pacific Inc. on its acquisition of a number of motor vehicle dealerships in Western Australia.
  • Minderoo Group (Andrew Forrest's private investment vehicle) on its AUD55 million acquisition of Harvey Industries Group Pty Ltd (owner and operator of Western Australia's largest beef exporter, Harvey Beef).
  • ASX-listed VDM Group Limited on the private divestment of eight of its sub-divisions by way of share sale as part of an overall restructure of the company.
  • Atlas Professionals on its AUD48M acquisition of Programmed Marine Service Ltd's non-ANZ marine staffing businesses, and its entry into JV with Programmed in relation to ANZ marine staffing businesses.

Capital Markets
  • ASX-listed Gindalbie Metals Ltd on its AUD209 million equity raising (placement and rights issue).
  • Macquarie Capital (Australia) Limited on its role as underwriter and joint lead manager of an AUD148 million equity raising (placement and share purchase plan) by Independence Group NL.
  • Macquarie Capital (Australia) Limited and UBS AG (Australia Branch) on their roles as joint lead manager, bookrunners and underwriters of an AUD88.5 million equity raising (placement and share purchase plan) by ASX-listed Western Areas Limited.
  • Macquarie Capital (Australia) Limited and Morgan Stanley Australia Securities Limited as joint lead managers, bookrunners and underwriters in connection with the subsequent AUD60 million placement by ASX-listed Western Areas Limited.
  • ASX-listed Peninsula Energy Ltd on its AUD69.4 million equity and debt raising (rights issue and debt) and subsequent US$25 million note issue.
  • ASX-listed Gindalbie Metals Ltd on its AUD62 million equity raising (placement).
  • Perth based ASX and AIM-listed tungsten miner Wolf Minerals Limited on its £25 million (approximately AUD47.5 million) equity facility established with Resource Capital Fund VI LP.
  • China-based Fulida Group Holdings on its role as partial underwriter of the AUD52 million capital raising undertaken by ASX-listed Wellard Limited.
  • ASX-listed rare earths explorer Hastings Technology Metals Limited on its AUD40 million placement and non-renounceable partially underwritten rights issue.
  • ASX-listed oil and gas producer Otto Energy Limited on its AUD31 million placement and accelerated non-renounceable underwritten rights issue.
  • ASX-listed oil and gas producer Otto Energy Limited on its AUD18 million placement and accelerated non-renounceable underwritten rights issue.
  • ASX-listed oil and gas producer Otto Energy Limited on its US$8.2 million secured convertible note issue.