Erdem & Erdem, working with Morgan Lewis and ADNA, has advised CoreX Resources on the acquisition of the majority shares in Compagnie Miniere Du Bafing. Wallace reportedly advised the sellers.
According to Erdem & Erdem, CMB is an Ivorian nickel company that operates the largest direct Shipping ore nickel project on the African continent, including the rich open pit mines of Foungbesso and Moyango. CoreX acquired CMB alongside the State of Cote d’Ivoire (10% interest) and SODEMI (5% interest).
The Erdem & Erdem team included Partner Ozgur Kocabasoglu, Managing Associate Melissa Balikci Sezen, and Associate Nil Gulyasar.
