Firm advises Mirabaud Securities on fundraising of A$85 million
25 July 2012
Field Fisher Waterhouse LLP has advised
broker, Mirabaud Securities LLP, on a placing of new shares by
African Petroleum Corporation Limited to raise A$85
million.
African Petroleum Corporation Limited is NSX
listed and has received firm commitments for 62,963,000 new fully
paid ordinary shares at A$1.35 per share with institutional
shareholders to raise A$85m. The company intends to use the
funds raised from the Placement to contract an additional oil
rig.
Corporate partner Anthony Brockbank advised on
the deal, assisted by partner Brad
Isaac.
Field Fisher Waterhouse is recognised as a
leading capital markets
adviser with expertise in the Energy
and Natural Resources sector. So far this year
the firm has advised on 30 capital markets deals, with clients that
include Avocet Mining plc, President Petroleum Company plc and Trap
Oil Group plc.
Clyde & Co LLP advised African Petroleum
Limited.
For further information, please contact:
Paula
Nugent, PR Executive, Field Fisher Waterhouse LLP on 020 7861
4526
Louise Eckersley, PR Manager,
Field Fisher Waterhouse LLP on 020 7861 4120