11/09/2024Memery Crystal advises Kropz Plc on £8.9 million fundraising
Memery Crystal is pleased to announce that it has advised Kropz Plc (“Kropz”), an emerging… Read more
21/06/2017
Memery Crystal’s corporate team are ending the second quarter in a strong fashion, having advised long standing client Shanta Gold on three simultaneous transactions including; $14 million placing of new shares, the acquisition of Helio Resources and a debt restructuring of their Investec loan including buying back the outstanding convertible loan notes
The ECM team acted on a placing of new shares to raise $14million to provide extra funds to their revised mine plans of an increased gold outage between 2017 and 2020, integrate Helio’s assets into the New Luika Gold Mine and seek out opportunities in the surrounding area.
Contemporaneously, the M&A team advised on the English law aspects of the conditional acquisition of Helio, a Canadian listed company with adjacent licences to Shanta’s New Luika Gold Mine.
Finally, the banking team has advised the company on restructuring its debt by:
The debt re-structuring is subject to formal documentation being entered into with Investec and the satisfaction of various conditions.
Nick Davis commented: “Working with Shanta on these contemporaneous multi-jurisdictional transactions has involved the wide skill set of our ECM, M&A and banking offering. As always, it has been a pleasure to assist with these exciting transactions and we look forward to continuing our relationship with Shanta at this exciting juncture of the company’s development.”
Editors notes:
Memery Crystal is a specialist international law firm based in London with a well-established history of acting for clients in the corporate sector. As an industry-leading advisory on IPO’s and M&A, Memery Crystal have again been included in “Band 1” for AIM in the most recent edition of the Chambers UK legal directory. Furthermore, the corporate team is also ranked in “Band 2” for M&A in Chambers UK.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Memery Crystal is pleased to announce that it has advised Kropz Plc (“Kropz”), an emerging… Read more
Memery Crystal, the international multidisciplinary London-based law firm, has advised on the successful acquisition of… Read more
Rumit Nanji will co-lead the Banking and Finance practice alongside Partner, Matthew Lindsay.