Kerman & Co advises FinnAust Mining PLC on fundraise to accelerate drilling at its copper – zinc discovery
October 31, 2014
Kerman & Co. LLP have advised FinnAust Mining PLC (“FinnAust”) on the successful fundraise of £1.1 million before expenses through a placing of 48,888,890 ordinary shares in the capital of the Company at a price of 2.25 pence per share with institutional and private investors (“Placing”).
The net funds raised under the Placing will allow FinnAust to rapidly accelerate its rolling campaign which is being implemented across its three prospective Finnish projects, and is currently focused on the Hammaslahti Copper-Gold-Zinc project.
Kerman & Co’s Capital Markets Team has extensive experience of working with clients and their advisors to raise in excess of US$1 billion in public capital markets financing including institutional private placing, company arranged placings, open offers and rights issues.
Joan Yu (Partner) and Asad Qayyum (Associate), of the corporate and capital markets team advised FinnAust Mining PLC on this transaction.