Fladgate advises on US$11m placing and AIM admission for SDX Energy Inc.
Fladgate has advised Cantor Fitzgerald Europe (as nominated adviser and joint broker) and FirstEnergy Capital (as joint broker) on a US$11m placing for SDX Energy Inc. (SDX), together with its proposed admission to AIM.
SDX is a UK based oil and gas exploration company which is listed on the TSX Venture Exchange. Its portfolio consists of two production concessions onshore Egypt and exploration and development licences in Egypt and Cameroon. The proceeds of the fundraising will be used primarily for a work programme to increase production in Egypt.
The Fladgate team was led by capital markets partner Neil Vickers, assisted by corporate associate Victoria Miller. This was a first instruction from Cantor Fitzgerald Europe.
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