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Deal Date: 26-02-2015 Practice Area: Equity Capital Markets
Deal Title: Africa Oil Corp Private Placement of New Shares Industry: Oil & Gas Producers
Description:
Gernandt and Danielsson advised Africa Oil Corp. in connection with Africa Oil's private placement of USD 125 million. Africa Oil Corp. announced on 12 and 13 February 2015 a private placement of USD 125 million. In connection with the private placement, the company published an admission to trading prospectus on 20 February 2015 regarding the new shares. The company issued a total amount of 57,020,270 new shares in the private placement, the completion of which was announced on 23 February 2015. Gernandt and Danielsson advised Africa Oil Corp. with a team consisting of Partner Carl Westerberg, Senior Associate Leo Lee and Associate Erika Olofsson.
Financial Center: Stockholm Value: 100.01-500.00
Advised Party: Issuer Law Firm
Issuer Jurisdiction - Canada Listing Jurisdiction - Sweden
Classification: Secondary Offerings and Placings NASDAQ First North:
Lawyer Carl Westerberg