Field Fisher Waterhouse advises on two AIM deals in one week
18 October 2010
Field Fisher Waterhouse LLP has reinforced its AIM credentials,
acting on two significant AIM fundraisings completing in the same
week.
In the first, the firm advised KPMG Corporate Finance and
Mirabaud Securities LLP on resource company Central Asia Metals plc
(CAM)’s flotation on AIM and successful placing which raised $60
million.
The team, led by corporate partner Anthony Brockbank and assisted by senior
associate Brad Isaac
and associate Caroline Nicholls, advised the nominated adviser
and broker respectively on CAM’s placing and flotation, valuing the
company in excess of £82 million. The team worked closely with
Susan Walker of KPMG Corporate Finance and Peter Krens at Mirabaud.
Ashurst advised CAM.
Anthony Brockbank said: “This is a crucial step in CAM’s
development and required a combined team effort from all advisers
involved. Our knowledge and experience in the AIM market was
paramount to assisting KPMG and Mirabaud in completing this
successful venture.”
CAM is a UK incorporated resources company which currently has
interests in copper, gold and molybdenum mining exploration and
development assets in Kazakhstan and Mongolia. The proceeds of the
placing will be used to develop CAM’s assets and projects in
Kazakhstan.
The firm also advised AIM-quoted oil and gas exploration company
President Petroleum plc on a placing to raise $50 million. Partner
Dominic Gurney-Champion, senior associate Nicholas Heap and
solicitor Edward Westhead advised on the deal, which raised
proceeds to fund two high impact exploration wells and further
exploration and drilling in Louisiana and South Australia.
Field Fisher Waterhouse has a strong reputation in the AIM
field, as well as leading oil and gas sector expertise. Last month
the Corporate
group advised Kazakhstan-based oil and gas producer KazMunaiGas
Exploration Production on two significant acquisitions to expand
its operations.
For further press information, please
contact:
Amie Ryalls, PR Executive, Field
Fisher Waterhouse LLP on + 44 (0)20 7861 4995.
Louise Eckersley, PR Manager,
Field Fisher Waterhouse LLP on +44 (0)20 7861 4120.