Elemental helps Trans-Siberian Gold transition from AIM

Elemental helps Trans-Siberian Gold transition from AIM

Trans-Siberian Gold (TSG), the leading gold producer, developer, and explorer, has appointed Elemental to support its UK compliance requirements.

In May 2021 TSG was subject to takeover by Horvik Limited, the firms were represented by Akin Gump Strauss Hauer & Feld LLP and Skadden, Arps, Slate, Meagher & Flom LLP respectively. Horvik announced the successful completion of the Acquisition on 26 May 2021

Elemental will now provide Board support as TSG continues its transition from an AIM-listed firm to a wholly-owned subsidiary. Elemental has also been appointed named company secretary and will maintain the statutory books and assist with all Companies House filings.

TSG is focused on generating industry-leading shareholder returns while maintaining a commitment to operational excellence and its social and environmental responsibilities. The move by Horvik is intended to secure the future development of the TSG asset portfolio.

Nick Lindsay, Director of Governance and Corporate Services at Elemental, said “We look forward to becoming a valued outsourced partner for Trans-Siberian Gold in the UK.”

About Trans-Siberian Gold

Trans-Siberian Gold is an AIM-listed gold producer focused on low cost, high-grade mining operations, and stable gold production. It is the 100% owner of the Asacha Gold Mine in Russia. The company is committed to maintaining its license to operate through acting responsibly in relation to people, the environment, and the communities it interacts with.

To learn more visit: www.trans-siberiangold.com

About Elemental

Elemental is an integrated professional services firm offering joined-up support across governance, company secretarial, and accounting. Elemental partners with boards, law firms and in-house legal and accounting teams. They have represented over 1,600 clients from over 100 countries. Elemental advises a number of boards and committees of listed companies on implementing governance frameworks and best practices.

For more information visit: www.elementalcosec.com/aboutus

Sandeep Grewal
sandeep.grewal@elementalcosec.com
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