McCann FitzGerald advises on Aminex PLC’s Stg£19.5 million share placing and open offer

We advised Davy and Shore Capital, the sponsor and placing agents, in respect of Aminex PLC's proposed Stg£19.5 million share placing and open offer which is subject to shareholder approval. The net proceeds of the placing and open offer, if approved, will be used principally to finance the drilling of Aminex PLC’s Ntorya-2 appraisal well and Ntorya-3 exploration well.

Aminex PLC is an established upstream Africa-focused oil & gas exploration and production company which has operated internationally since 1991. Aminex PLC has a dual listing with a premium listing on the London Stock Exchange and a primary listing on the Irish Stock Exchange.