Our transactions

£2.9m refinancing, comprising placings of £0.5m of equity and £0.4m of convertible loan notes and a £2.0m, 5 year, secured, revolving credit facility

Unilateral possible, all cash, offer for Pan European Terminals Plc. Acquisition of 29.9% of issued share capital and £8.85 million of convertible loan notes (Value of the enlarged company at possible offer price)

Issue of convertible loan notes to majority shareholder, African Resources Limited

Equity placing with existing and new investors

Capital reduction and re-domicile to Cayman Islands and re-admission to AIM

Equity placing with new and existing investors

$50m placing, Admission to AIM and acquisition of an ultimate 30% economic interest in OPL310, Nigeria from Afren PLC

Equity placing with new and existing investors, share consolidation and acquisition of 40% of Moshen Limited

Subscription for £1.5m and Admission to AIM

Equity placing with new investors

Mandatory Cash offer by Liberian project partner, Kuala Lumpur Kepong Berhad (KLK), for the company

Equity subscription by existing investors

Equity subscription by existing investors

Milestone acquisition payment by Alecto Minerals PLC

Secured Bridge loan Facility of US$15m, provided by two existing institutional investors.

Disposal of Sky Towers real estate development project to Cimbrorum Holdings LLC