Mayan Energy Raises Funds Through PrimaryBid Platform
This contribution from PrimaryBid forms part of a larger fundraising of ?500,000 for Mayan Energy Ltd. through its broker, Cornhill Capital.
Primary Bid has raised more than ?2.6 million since the site went live in 2015 with demand continuing to grow on the platform. PrimaryBid users are actively "watching" 50% of all AIM companies and more than 80 different AIM companies have received live bids totaling more than ?52 million worth of potential equity value.
Commenting on today's announcement, Dave Mutton, COO, PrimaryBid said:
"We are delighted to be able to assist Mayan Energy during this round of funding, which is the tenth deal PrimaryBid has completed since our formal launch in March 2016. This is another transaction brought to us by a broker, choosing to tap into the incremental investor capital available through PrimaryBid's unique AIM crowdfunding platform."
Mayan Energy is an AIM listed energy company which invests in global opportunities across the oil and gas value chain, partnering with experienced and quality operators to rapidly deliver revenues. Focused on delivering revenues from upstream, midstream/services and downstream operations, it has a growing portfolio of interests in the prolific hydrocarbon regions of the US, Mexico and Indonesia with multiple value drivers in place, all of which have the potential to generate material and diversified revenue streams, regardless of the oil price environment.
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