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Lambert & Co. is working for GX Acquisition Corp. II blank check vehicle that is merging with NioCorp Developments Ltd, a miner of rare earth minerals.
The deal will raise $285M to develop NioCorp's Elk Creek mine, which has the second largest reserves of rare earth elements in the US.
The southeastern Nebraska mine has niobium, scandium and titanium reserves, which are vital for the production of electric vehicles and smartphones.
NioCorp CEO Mark Smith said the company's goal is to "rapidly build secure and reliable US supply chains of the critical minerals that multiple industries need to help us build a more sustainable and less carbon-intensive future."
China is the No. 1 producer of rare earth minerals.
The Elk Creek mine is expected to create about 450 permanent jobs and 1,200 construction jobs as it is developed over the next three years.
Lambert's Lisa Baker represents GXII.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Tod Donhauser, a nine-year veteran of Edelman, has joined H/Advisors Abernathy as managing director and head of its San Francisco office.
Intelligent Group Ltd, a Hong Kong-based financial PR firm, has priced its initial public offering of 1.9M shares at $4, which is the low end of the $4 to $5 range.
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