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Allens advises on oil raising
Allens Arthur Robinson is advising oil and gas production and exploration company Solimar Energy Limited on its $7 million equity raising and possible future listing on the Toronto Stock…
Allens Arthur Robinson is advising oil and gas production and exploration company Solimar Energy Limited on its $7 million equity raising and possible future listing on the Toronto Stock Exchange or the TSX Venture Exchange.
The capital raising, which is subject to shareholder approval, involves the issue of more than 63 million securities in Solimar Energy to sophisticated and institutional investors in North America. Each security will consist of one share and one warrant.
Partner Paul Quinn and senior associate Mark Malinas led the Allens team on the transaction.
