18 05 2016US$11m placing and AIM admission for SDX Energy Inc.
Fladgate has advised Cantor Fitzgerald Europe (as nominated adviser and joint broker) and FirstEnergy Capital (as joint broker) on a US$11m placing for SDX Energy Inc., together with its proposed admission to AIM.
SDX is a UK based oil and gas exploration company which is listed on the TSX Venture Exchange.¬† Its portfolio consists of two production concessions onshore Egypt and exploration and development licences in Egypt and Cameroon. The proceeds of the fundraising will be used primarily for a work programme to increase production in Egypt. Fladgate has advised Cantor Fitzgerald Europe and FirstEnergy Capital on the transaction with a team led by capital markets partner Neil Vickers (picture), assisted by corporate associate Victoria Miller. Involved fees earner: Neil Vickers - Fladgate LLP; Victoria Miller - Fladgate LLP;
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