25 October 2004 LAWFUEL – Law, legal, attorney, law firm newsNorton Rose, the international law firm, has advised nominated adviser and broker, Williams de Broë, in connection with the admission to trading on AIM of Western Canadian Coal Corporation. Western Canadian Coal Corporation, which is also listed on the Toronto Stock Exchange Venture Exchange, owns a portfolio of coal mines in British Columbia, Canada with more than 250 million tonnes of coal under exploration and development.
Norton Rose also advised Williams de Broë on the associated fundraising of approximately C$15.3 million (before expenses) through the placing of 8,742,857 common shares at C$1.75 per share.
Corporate finance partner Ian Fox assisted by associate Claire O’Donnell advised Williams de Broë having previously advised Williams de Broë on fundraisings by Western Canadian’s parent company, Cambrian Mining plc. Trowers & Hamlins advised Western Canadian as to English law and Devlin Jensen provided Canadian law advice.
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