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Monthly Archives: May 2016

DEAL NEWS – Druces advises AIM listed mining technology company on its placing

Druces LLP, the City-based business and private wealth law firm, has advised Alexander Mining PLC, the AIM listed company on its placing arranged by Cornhill Capital Limited to raise £500,000, which completed on 25 May 2016. In addition, Alexander Mining’s existing shareholders are being issued with bonus warrants as a way of potentially raising further […]

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DEAL NEWS – Druces advises Legendary Investments plc on oversubscribed placing

Druces LLP, the City-based business and private wealth law firm, has advised Legendary Investments plc, the AIM listed company on their oversubscribed placing with Beaufort Securities Limited to raise £1 million which completed on 5 May 2016. The Druces team was led by corporate finance partner David Bennett. Zafar Karim, Legendary’s CEO said “We have […]

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Breakfast seminar: Shareholders – the power of ownership and its challenges

We were delighted to welcome an audience of over 40 shareholders and professional advisers to a breakfast seminar at our offices on 11 May 2016. The seminar focused on shareholders’ rights, shareholder agreements and some of the challenges associated with shareholder disputes.    Druces Senior Associates Rachel Brown and Caroline Cropley were joined by New […]

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DEAL NEWS – Druces closes record academic spin-out financing

Druces LLP, the City-based business and private wealth law firm, has closed a £16.9 million financing for its client OxStem Limited, an Oxford University spin-out, in what is believed to be the largest known funding in the UK for a new University spin-out. OxStem plans to develop small molecule drugs that can activate repair mechanisms […]

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