POS EX 1 tm2412599d1_posex.htm POS EX

 

As filed with the Securities and Exchange Commission on April 26, 2024

Registration No. 333-276216

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

POST-EFFECTIVE AMENDMENT NO. 2 TO

FORM F-1
REGISTRATION STATEMENT
Under
The Securities Act of 1933

 

 

 

METALS ACQUISITION LIMITED

(Exact name of Registrant as specified in its charter)

 

 

 

Not Applicable
(Translation of Registrant’s name into English)

 

 

 

Jersey, Channel Islands
(State or Other Jurisdiction of
Incorporation or Organization)
1000
(Primary Standard Industrial
Classification Code Number)
Not Applicable
(I.R.S. Employer
Identification Number)

 

Michael James McMullen
3rd Floor, 44 Esplanade,
St. Helier, Jersey, JE4 9WG
+44 1534 514 000
(Address, including zip code, and telephone number, including area code, of Registrant’s principal executive offices)

 

 

 

Puglisi & Associates
850 Library Ave., Suite 204
Newark, Delaware 19711
(302) 738-6680
(Name, address, including zip code, and telephone number, including area code, of agent for service)

 

 

 

Copies to:

 

Ryan J. Dzierniejko
Skadden, Arps, Slate, Meagher & Flom LLP
One Manhattan West
New York, NY 10001
(212) 735-3000

 

Approximate date of commencement of proposed sale of the securities to the public: As soon as practicable after the effective date of this registration statement.

 

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933 (as amended, the “Securities Act”), check the following box. x

 

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ¨

 

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ¨

 

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration number of the earlier effective registration statement for the same offering. x Registration No. 333-276216

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933.

 

Emerging growth company x

 

If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards† provided pursuant to Section 7(a)(2)(B) of the Securities Act. ¨

 

 

The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012.

 

This Post-Effective Amendment No. 2 shall become effective upon filing with the Securities and Exchange Commission in accordance with Rule 462(d) under the Securities Act of 1933, as amended.

 

 

 

 

 

 

EXPLANATORY NOTE

 

This Post-Effective Amendment No. 2 to Form F-1 amends the Registration Statement on Form F-1 of Metals Acquisition Limited (Registration No. 333-276216), as amended prior to the date hereto (the “Registration Statement”), which was declared effective by the Securities and Exchange Commission on January 18, 2024. This Post-Effective Amendment No. 2 is being filed pursuant to Rule 462(d) of the Securities Act of 1933, as amended, for the sole purpose of filing revised Exhibits 23.5, 23.6, 23.7 and 96.1 to the Registration Statement. The Registration Statement is hereby amended to reflect the replacement of such exhibit.

 

 

 

 

Item 8. Exhibits

 

EXHIBIT NUMBER DESCRIPTION
2.1# Share Sale Agreement, dated as of March 17, 2022, by and among Glencore Operations Australia Pty Limited, Metals Acquisition Corp. (Australia) Pty Ltd and Metals Acquisition Corp.
2.3 Deed of Consent and Covenant, dated as of November 22, 2022, by and among Glencore Operations Australia Pty Limited, Metals Acquisition Corp. (Australia) Pty Ltd, Metals Acquisition Corp and Metals Acquisition Limited.
2.4 CMPL Share Sale Agreement Side Letter dated as of April 21, 2023, by and among Glencore Operations Australia Pty Limited, Metals Acquisition Corp. (Australia) Pty Ltd, Metals Acquisition Corp and Metals Acquisition Limited.
2.5 CMPL Share Sale Agreement Side Letter dated as of May 31, 2023, by and among Glencore Operations Australia Pty Limited, Metals Acquisition Corp. (Australia) Pty Ltd, Metals Acquisition Corp and Metals Acquisition Limited.
2.6 CMPL Share Sale Agreement Side Letter dated as of June 2, 2023, by and among Glencore Operations Australia Pty Limited, Metals Acquisition Corp. (Australia) Pty Ltd, Metals Acquisition Corp and Metals Acquisition Limited.
2.7 The Merger Agreement and Plan of Merger, dated May 22, 2023.
3.1 Amended and Restated Memorandum and Articles of Association.
4.1 Warrant Agreement, dated as of July 28, 2021, by and between MAC and Continental Stock Transfer & Trust Company.
4.2 Specimen Warrant Certificate of the Company.
5.1 Opinion of Ogier (Jersey) LLP.
5.2 Opinion of Skadden, Arps, Slate, Meagher & Flom LLP.
10.1 Form of Subscription Agreement, dated as of April 14, 2023.
10.2 Syndicated Facilities Agreement, dated as of February 28, 2023, by and between Metals Acquisition Corp. (Australia) Pty Ltd, Citibank N.A., Sydney Branch, Bank of Montreal, Harris Bank N.A., The Bank of Nova Scotia, Australian Branch and National Bank of Canada, with Citisecurities Limited.
10.3 First Amendment to the Syndicated Facilities Agreement, dated as of June 9, 2023, by and between Metals Acquisition Corp. (Australia) Pty Ltd, Citibank N.A., Sydney Branch, Bank of Montreal, Harris Bank N.A., The Bank of Nova Scotia, Australian Branch and National Bank of Canada, with Citisecurities Limited.
10.4 Mezzanine Debt Facility Loan Note Subscription Agreement, dated as of March 10, 2023, between Metals Acquisition Corp. (Australia) Pty Ltd, Metals Acquisition Corp, Metals Acquisition Limited, Sprott Private Resource Lending II (Collector-2), LP and Sprott Resource Lending Corp.
10.5 Deed of Amendment to the Mezzanine Debt Facility Loan Note Subscription Agreement, dated as of June 8, 2023, between Metals Acquisition Corp. (Australia) Pty Ltd, Metals Acquisition Corp, Metals Acquisition Limited, Sprott Private Resource Lending II (Collector-2), LP and Sprott Resource Lending Corp.
10.6 Subscription Agreement, dated as of March 10, 2023, by and between Metals Acquisition Limited, Metals Acquisition Corp, Sprott Private Resource Lending II (Collector), LP and Sprott Private Resource Lending II (Collector-2), LP.
10.7 Sponsor Letter Agreement, dated as of July 28, 2021, by and among Sponsor, MAC and initial shareholders of MAC.
10.8 Silver Purchase Agreement, dated as of March 20, 2023, by and between Metals Acquisition Corp. (Australia) Pty Ltd, Metals Acquisition Corp, Metals Acquisition Limited, and Osisko Bermuda Limited.
10.9 Amended and Restated Silver Purchase Agreement, dated as of June 9, 2023, by and between by and between Metals Acquisition Corp. (Australia) Pty Ltd, Metals Acquisition Corp, Metals Acquisition Limited, and Osisko Bermuda Limited.
10.10 Silver Stream Subscription Agreement, dated as of March 20, 2023, by and between Metals Acquisition Limited, Metals Acquisition Corp, and Osisko Bermuda Limited.

 

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10.11 Copper Purchase Agreement, dated as of March 20, 2023, by and between Metals Acquisition Corp. (Australia) Pty Ltd, Metals Acquisition Corp, Metals Acquisition Limited, and Osisko Bermuda Limited.
10.12 Amended and Restated Copper Purchase Agreement, dated as of June 9, 2023, by and between Metals Acquisition Corp. (Australia) Pty Ltd, Metals Acquisition Corp, Metals Acquisition Limited, and Osisko Bermuda Limited.
10.13 Copper Stream Subscription Agreement, dated as of March 20, 2023, by and between Metals Acquisition Limited, Metals Acquisition Corp, and Osisko Bermuda Limited.
10.14 Registration Rights Agreement, dated June 15, 2023.
10.15 Offtake Agreement dated June 12, 2023.
10.16 Royalty Deed dated June 16, 2023.
10.17 Investment Management Trust Agreement between Continental Stock Transfer & Trust Company and Metals Acquisition Corp.
10.18 Promissory Note, dated as of March 16, 2021, issued to an affiliate of Metals Acquisition Corp.
10.19 Securities Subscription Agreement, dated as of March 16, 2021, by and between Metals Acquisition Corp and the affiliates of the Sponsor.
10.20 Director Nomination Side Letter, dated June 12, 2023.
10.21† Metals Acquisition Limited 2023 Long-Term Incentive Plan as of June 15, 2023.
10.22† Metals Acquisition Limited 2023 Employee Stock Purchase Plan as of June 15, 2023.
10.23† Metals Acquisition 2023 Non-Employee Directors Deferred Unit Plan as of June 15, 2023.
10.24 Form of Indemnification Agreement, dated as of July 28, 2021, between Metals Acquisition Corp and each of its officers and directors.
10.25 Warrant Agreement, dated as of June 6, 2023 by and between Metals Acquisition Limited and Continental Stock Transfer & Trust Company.
10.26 Form of Subscription Agreement, dated as of October 11, 2023.
21.1 List of subsidiaries of the Company.
23.1 Consent of Ernst & Young LLP.
23.2 Consent of Deloitte Touche Tohmatsu.
23.3 Consent of Ogier (Jersey) LLP (included as part of Exhibit 5.1).
23.4 Consent of Skadden, Arps, Slate, Meagher & Flom LLP (included as part of Exhibit 5.2).
23.5* Consent of Behre Dolbear Australia Pty Ltd.
23.6* Consent of Cube Consulting Pty Ltd.
23.7* Consent of Jan Coetzee.
24.1* Power of Attorney (included on signature page).
96.1* Technical Report Summary - CSA Copper Mine - New South Wales - Australia, effective as of April 22, 2024, by Behre Dolbear Australia Minerals Industry Consultants and other qualified persons.
107 Calculation of Filing Fee Tables.

 

 

*Filed herewith
Indicates a management contract or any compensatory plan, contract or arrangement.

 

#              Portions of this exhibit have been omitted pursuant to Item 601(b)(10)(iv) of Regulation S-K on the basis that the Company customarily and actually treats that information as private or confidential and the omitted information is not material.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Perth, Australia, on April 26, 2024.

 

 

  METALS ACQUISITION LIMITED
   
   
  By: /s/ Michael James McMullen
    Name: Michael James McMullen
    Title: Chief Executive Officer

 

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Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated

 

NAME   POSITION   DATE
         
/s/ Michael James McMullen   Chief Executive Officer and Director    
Michael James McMullen   (Principal Executive Officer)   April 26, 2024
         
/s/ Morné Engelbrecht   Chief Financial Officer  
Morné Engelbrecht   (Principal Financial and Accounting Officer)   April 26, 2024
         
*        
Patrice E. Merrin   Chair of the Board of Directors   April 26, 2024
         
*        
John Burton   Director   April 26, 2024
         
*        
Rasmus Kristoffer Gerdeman   Director   April 26, 2024
         
*        
Charles D. McConnell   Director   April 26, 2024
         
*        
Matthew Rowlinson   Director   April 26, 2024
         
*        
Graham van’t Hoff   Director   April 26, 2024

 

* By: /s/ Michael James McMullen  
  Michael James McMullen  
  Attorney-in-Fact  

 

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AUTHORIZED REPRESENTATIVE

 

Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of Metals Acquisition Limited, has signed this registration statement in the City of Newark, State of Delaware, on April 26, 2024.

 

  By: /s/ Donald J. Puglisi
    Name:   Donald J. Puglisi
    Title: Authorized Representative

 

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