The corporate finance team at Charles Russell has advised Canaccord Capital (Europe) Limited on the listing and placing for European Nickel plc.
The Charles Russell team was led by partner Katy Knight and associate Victoria Brett who advised Canaccord as the nominted adviser and broker.
European Nickel plc is involved in the identification, acquisition, development and exploration of nickel laterite deposits in Turkey and the Balkans. Its market capital was valued at £30.4 million on admission, and the placing raised £15 million. Irwin Mitchell (Ian Roberts and Amber Bashar) advised European Nickel.
This is the latest AIM admission on which Charles Russell has advised Canaccord in 2004. Recently, the firm advised the broker, jointly with Durlacher Limited, on the largest listing on AIM so far this year of NETeller plc which was listed on 14 April 2004 and valued at £250 million.