22 Nov 2012 | 04:21 pm |
International law firm Pinsent Masons has advised Peel Hunt LLP, finnCap Limited and Arden Partners plc in their roles as Nominated Adviser and Joint Broker, Joint Broker and Placing Agent, respectively, on a secondary fundraise by specialist metal recycler ZincOx Resources plc on AIM, the market operated by the London Stock Exchange, raising £6.5m (before expenses). ZincOx now has a market capitalisation of approximately £46.5m.
ZincOx‘s business is recycling EAFD, a hazardous waste generated by the recycling of steel scrap. It is ZincOx’s ambition to become the most sustainable and largest recycler of EAFD (and therefore zinc) in the world.
The Pinsent Masons team advising on the deal was led by Corporate partner Robert Moir, assisted by Corporate associate James Paton-Philip.
Commenting on the deal, Robert Moir said: "We are delighted to have worked on this further fundraising for ZincOx, which will enable the business to inter alia complete the ramp-up of its first recycling plant, KRP1."
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Multinational law firm Pinsent Masons has advised Irish company Pinergy on its sale to the Tokyo-based multinational group Sojitz Corporation
Multinational law firm Pinsent Masons has appointed Marie Chowdhry as partner in its financial services practice in the Middle East. Previously a Senior Associate with the firm, Marie will re-join the Dubai office on 5 February.
Multinational law firm Pinsent Masons has advised R.R. Donnelley & Sons Company (RRD) on its acquisition of business support services provider Williams Lea from private equity investor, Advent.
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