Jun 29, 2026 – 5.56pmBMC UK is seeking to part with 10.8 per cent of its stake in BMC Minerals, a $775 million market cap Canada-focused silver and gold explorer that listed on the ASX in December.BMC Minerals chair Steven Michael. Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Barrenjoey, Morgans launch $84m block trade in BMC Minerals
Joint lead managers Barrenjoey Markets and Morgans Corporate were offering 29.5 million shares in the company on Monday night.
BMC UK exits 10.8% stake in BMC Minerals via $84M block trade (Barrenjoey/Morgans lead), Canadian precious metals explorer $775M cap. Secondary market liquidity post-IPO signals investor appetite for mid-cap explorer exits; timing signal for portfolio rebalancing on commodity exposure.









