News
Liberum acts as Sole Bookrunner on Asiamet’s £7.2m fundraise
Liberum is pleased to announce that it acted as sole bookrunner in relation to a placing for Asiamet Resources Limited (“Asiamet”), raising £7.2 million (c.US$10 million) of gross proceeds for the Company at 11p per share.
Asiamet is a dynamic junior company focussed on the exploration and development of its portfolio of large copper-gold deposits on the Indonesian islands of Kalimantan and Sumatra, adjacent to the key growth markets in Asia.
Gross proceeds of the Placing and existing cash reserves of c.US$2.0m are expected to be utilised as follows:
• US$4.7 million for increasing ownership at its Beutong copper porphyry project (from 40% to 80%) and accelerating drilling at the property including metallurgical programmes;
• US$2.5 million for regional exploration on the KSK Contract of Work Area;
• US$3.3 million to commence optimisation and early works in relation to the Company’s BKM copper project and completion of the Bankable Feasibility Study; and
• US$ 1.5 million for general working capital purposes including the costs of the Placing.
The Company has been listed on AIM since 2006 and now has a market capitalisation of c.£120m.
Liberum Team
Investment Banking - Neil Elliot, Clayton Bush and Kane Collings
Sales - Julian Collett and Oliver Baxendale
Research - Richard Knights
Corporate Access - Lynsey Cox
Follow Liberum:
Twitter: @LiberumToday
LinkedIn: Liberum
Liberum is pleased to announce its appointment as Joint Broker to U+I Group PLC
U+I is a specialist regeneration and property developer recognised for creative vision and entrepreneurial flair. It has a £6 billion portfolio of complex, mixed-use, community-focused regeneration projects primarily in the London, Manchester and Dublin city regions, and a £211m investment portfolio.
The company operates by repositioning undervalued parts of towns and cities into new places that deliver social and economic value to a wide range of stakeholders. Their expertise in asset management, regeneration and trading allows them to unlock this value.
U+I is listed on the Premium segment of the Main Market and has a market capitalisation of c.£250m.
Liberum has been appointed as Joint Corporate Broker alongside Peel Hunt, with immediate effect.
Liberum Team
Board – David Parsons
Investment Banking – Richard Crawley, Jamie Richards, Kane Collings, Laura Hamilton
Sales – John Mozley
Research – David Brockton
Corporate Access – Lynsey Cox
Follow Liberum
Twitter: @LiberumToday
LinkedIn: Liberum
Liberum appointed as Joint Broker to Asiamet Resources
Liberum is pleased to announce its appointment as Joint Broker to Asiamet Resources Limited
Asiamet is a dynamic junior company focused on the exploration and development of its portfolio of large copper-gold deposits on the Indonesian islands of Kalimantan and Sumatra, adjacent to the key growth markets in Asia.
The company is in the process of completing a Bankable Feasibility Study on its Beruang Kanan Main (BKM) deposit, expected in Q2 this year and expects BKM to be in production in early 2020. With its large scale Beutong porphyry deposit granted a production license in January this year and a maiden resource at its BKZ polymetallic discovery due in May, the company is now emerging as a budding mid-tier copper and base metal producer.
Asiamet has been listed on AIM since 2006 and has a market capitalisation of c.£100m.
Liberum has been appointed as Joint Corporate Broker alongside Optiva Securities, with immediate effect.
Liberum Team
Investment Banking – Neil Elliot, Clayton Bush, Kane Collings
Sales – Julian Collett
Research – Richard Knights
Corporate Access – Lynsey Cox
Follow Liberum
Twitter: @LiberumToday
LinkedIn: Liberum
Liberum is pleased to announce its appointment as Joint Broker to DP Eurasia N.V.
DP Eurasia is the exclusive master franchisee of the Domino’s Pizza brand in Turkey, Russia, Azerbaijan and Georgia. It is the fifth largest master franchisee of the Domino’s Pizza brand owned by Domino’s Pizza Inc.
As at 31 December 2017, DPEU has 514 stores in Turkey, 121 in Russia and a handful in Azerbaijan and Georgia.
The Company is listed on the Main Market of the London Stock Exchange, and has market capitalisation of c.£318m.
Liberum has been appointed as Joint Corporate Broker alongside Morgan Stanley, with immediate effect.
Liberum Team
Investment Banking – Clayton Bush, Lucy Sharma, Jill Li, William Hall
Sales – Gerard O’Doherty, Julian Collett
Research – Wayne Brown, Anna Barnfather, Anubhav Malhotra
Corporate Access – Marcio Remedios
Follow Liberum
Twitter: @LiberumToday
LinkedIn: Liberum