Eureka Mining Plc
1�Sep�2005
Placing of Ordinary Shares
Kerman & Co LLP advised Eureka Mining Plc on a placing of new ordinary shares by Williams de Bro� Plc to raise �9 million before expenses, valuing Eureka at �31.1 million.
The placing will help Eureka to bring its molybdenum deposit into production, fund the acquisition of remaining interests not already held by Eureka in a copper project in Southern Russia, and provide additional working capital.
The Kerman & Co team was led by Nicholas Narraway, assisted by Chris Jones.
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