Fladgate advises on a placing by Galileo Resources Plc


Our team: Grant Gordon


Fladgate LLP acted for Shore Capital Stockbrokers Limited as broker and Beaumont Cornish Limited as nominated advisor in respect of the placing by Galileo Resources plc (Galileo) of 4,857,143 ordinary shares at 35 pence. The placing raised £1.7 million and the shares were placed with a number of existing and new institutional investors.

Galileo is an AIM-quoted emerging African phosphate/rare earth minerals production and exploration company.

Corporate partner Grant Gordon advised Shore Capital and Beaumont Cornish.

Fladgate has in-depth knowledge of the energy and resources energy sector, drawing upon extensive legal expertise and broad industry experience to advise on a wide variety of domestic and international transactions. The cross firm team comprises experienced practitioners in the fields of corporate finance, commercial contracts, mergers and acquisitions and projects, with sector specific knowledge in a range of areas including clean-tech, energy, oil and gas, mining and renewables.

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