OREANDA-NEWS. SP Angel is delighted to announce the arrival of two senior corporate finance directors. Lindsay Mair, who was most recently a director and QE at Sanlam and has 20 years' experience in the AIM market focusing on the natural resources, property and consumer sectors; and Richard Morrison, with 16 years' experience in the AIM market, who joins us as a director from ZAI, where he was a QE advising clients across the TMT and Natural Resource sectors.  The arrival of Lindsay and Richard strengthens the corporate finance team of the firm, supporting our position as the leading integrated nomad and broker in the Mining sector on AIM. 

SP Angel has also completed a number of important transactions this year. 

Away from the public markets, we acted as Financial Adviser to the vendor on the ?23.75m sale of land with planning permission for a 110,000 sq. ft. Data Centre development in London, which closed in January 2016. In April 2016, SP Angel acted as Financial Adviser to Emissions Detection specialist Duvas Technologies Ltd, raising ?2.25m of equity capital from Calculus Capital in a Series B round, to fund the continued commercialisation of the Duvas product range and ongoing development of its technologies. 

In the resources sector, SP Angel  has been involved in three transactions, acting as Broker to AIM listed FinnAust Mining PLC, a northern European mining company, on a ?1m placing and to South American copper and gold miner, Metminco Limited, dual listed on ASX and AIM, on its A$1m equity fundraising. Finally in April 2016, SP Angel acted as financial adviser and broker to Kodal Minerals plc in relation to the announced acquisition of a portfolio of gold exploration projects in West Africa and a ?680,000 fundraising, expected to close in May 2016. 

Partner Ewan Leggat commented:

"The arrival of Lindsay and Richard underlines our ongoing commitment to the AIM market, and the transactions completed for our mining clients demonstrates that AIM continues to be a market which supports good quality growth companies in this sector. We are also pleased to have advised on non-public transactions and an acquisition, demonstrating the broader spread of our transactional expertise and sector knowledge."

SP Angel is an independent partnership providing creative, investment banking solutions to investors and growing companies. With an established reputation for delivery and market reach, a strong track record of successful fund raisings, including AIM IPOs and secondary placings, merger and acquisition advice as well as private fundraising and advisory transactions, the firm acts as nomad and broker to a growing number of companies.  

Based in London, SP Angel operates internationally across many key sectors and has a particularly strong record in Mining (ranked number combined Nomad and Broker) Oil & Gas, Technology and Property. The Firm's respected research team provides in-depth analysis on its clients and the markets in which they operate. 

SP Angel is a Member of the London Stock Exchange and an AIM Nominated Adviser and Broker and is authorised and regulated by the Financial Conduct Authority (FCA).