Alice Queen (ASX:AQX) has raised funds via an institutional placement
August 2021 — Alice Queen Limited (ASX:AQX) has completed a fundraising. The funds will be used to complete the Horn Island Scoping Study, accelerate exploration activities at Horn Island and support working capital. The placement was significantly oversubscribed and strongly supported by a major shareholder, as well as several existing shareholders and new institutional and sophisticated investors.
Alice Queen is an Australian minerals exploration company with an exciting portfolio of gold and copper–gold projects located in the Northern Molong Volcanic Belt in New South Wales, Horn Island in the Torres Strait, and Fiji.
Our role in the transaction
Oaklins’ team in Australia acted as lead manager to the placement.
Talk to the deal team
Related deals
7BidCo has completed the sell-out procedure for the shares of STAR7
7BidCo S.p.A. has completed the sell-out procedure for 8.5% of STAR7 S.p.A.’s shares.
Learn moreAlba has completed a voluntary public tender offer for the shares of Borgosesia
Alba S.r.l. has completed a voluntary public tender offer for 100% of the shares of Borgosesia S.p.A.
Learn moreMoneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn more