11 May 2007
Kerman & Co LLP acted for Templar Minerals Limited, a company registered in the British Virgin Islands, on its admission to trading on AIM. Templar raised £9.1 million(gross) prior to Admission.
Kerman & Co were involved with the transaction from its inception, assisting and coordinating the formation of the company in the BVI, advising on the initial private placing and then acting on all aspects of its admission to AIM.
Templar was established earlier this year for the purpose of making investments and/or acquisitions in the natural resources sector, which may include exploration, development or production projects in the minerals, base metals, precious metals or hydrocarbons sectors. Templar will primarily focus, as an active investor, on investment and acquisition opportunities in Australia, Africa, North America, South America,Asia (including the Indian sub continent) and Western Europe.
Michael Bennett said: "Kerman & Co are delighted to have been able to conclude another AIM admission in the natural resources sector."