Michelmores advises on £4.1m placing and open offer for Columbus Energy Resources plc

Michelmores has advised VSA Capital as financial adviser and broker to Columbus Energy Resources plc, the AIM-quoted oil & gas exploration, development and production company with operations in Trinidad, in relation to a £4.1m placing, subscription and open offer.

The Michelmores London Capital Markets team was led by Partner Ian Binnie, with support from newly appointed Solicitor, Rav Sagar.

Commenting on this most recent ECM transaction, Ian Binnie said:

"The Michelmores London capital markets team has been extremely busy over the last eighteen months working on a variety of equity and debt capital market transactions on the London Main Market, as well as on AIM and NEX Growth Market. It is encouraging that, notwithstanding wider political uncertainty, investors remain supportive of growing public companies."