Agincourt Resources

A$150m Placement to Fund the Acquisition of the Martabe Gold and Silver Project

August 2006

Azure Capital advised Agincourt in arranging the financing needed to complete the acquisition of the Martabe Gold Project. A$150 million placement of ordinary shares, which approximated Agincourt’s market capitalisation at the time, was underwritten by Wilson HTM and Deutsche Bank.

The placement was made to institutions in Australia, North America and Europe and Azure advised Agincourt in selecting the underwriters, assisting the due diligence and roadshow processes and the negotiation of the underwriting agreement.