MDS Financial Sucessfully Closes $12 Million Gold and Copper Float
02-Aug-2011 MDS Financial Group Limited (ASX: MWS) is pleased to announce that its Corporate Advisory division has successfully closed a raising of A$12 million for the capital raising and relisting of Niuminco Limited, (currently named DSF International Holdings Limited).A listing date, anticipated to be within the next two weeks, will be advised by the ASX following shareholder allotment planned for this week.
MDS Financial Group’s Executive Director & Deputy Chairman Wayne Johnson was pleased with the results, given the diffi cult market conditions.
“This is another example of MDS Financial’s ability to generate the interest and investor relationships required to successfully fi nalise a capital raising in a market that is not favourable to investment offerings of this type at this time.”
Mr Johnson says the Niuminco capital raising will be followed by a number of hand picked investment opportunities in the second half of 2011, which the company will endorse. “Our team has been expanding its client list within Australia and the Asia Pacifi c region, we’ve generated a solid pipeline of corporate transactions with quality companies.”
MDS Financial Group congratulates DSF International Holdings Limited on its successful capital raising and looks forward to a continued business relationship in the future.
ABOUT NIUMINCO LTD
Niuminco Ltd (currently named DSF International Holdings Limited) has extensive gold and copper exploration areas at Edie Creek which will operate as a joint venture managed by Mincor Resources NL, which lies in the well-known Bulolo Gold Province in Papua New Guinea, adjoining the Hidden Valley gold mine, operated as a joint venture between Harmony Gold Mining Co. Limited and Newcrest Mining Ltd, in addition there are three other promising regional exploration tenements at May River, Kubuna and Bolobip also being joint ventured with Mincor.
ABOUT MDS FINANCIAL’S CORPORATE ADVISORY, EQUITY CAPITAL MARKETS AND CORPORATE FINANCE SERVICES
Globalisation and technological changes have made the pace of business faster; risks are more complex and the impacts of offshore market volatility,
legislative changes and stakeholder perceptions greater. When there is uncertainty in the market, you need advice you can trust.
Specialising in serving mid-market listed and high-growth potential private companies across resources and mining, property, agribusiness, fi nancial
services and information technology. MDS Financial Group has delivered beyond client expectations on multi-million-dollar capital raisings, facilitated substantial lines of credit and initial public offerings, and advised on prominent mergers and acquisitions, restructurings and management buyouts.
MDS Financial Group’s corporate advisory services include:
- Advice on and management of listings on the ASX for IPOs and capital raisings
- Business strategy development and strategic alliances
- Corporate restructuring, defensive strategies and succession planning
- Joint ventures, mergers, acquisitions and trade sales
- Private equity transactions
- Optimising capital structure, financing
- Underwriting and sub-underwriting
- Facilitating underwriting and sub-underwriting
MDS Financial Group’s corporate advisory team has extensive experience in a wide variety of solutions-driven transactions, and a proud history of honest advice given with integrity. To discuss how MDS Financial can assist you with your corporate advisory needs, call 1800 349 349 or email
corporate@mdsfinancial.com.au for more information.
ABOUT MDS FINANCIAL GROUP
MDS Financial Group is a full-service corporate advisory and capital markets specialist with clients in Australia and the Asia-Pacifi c region. Listed on the Australian Securities Exchange (ASX), MDS Financial Group is also an ASX market participant, with institutional and third-party wholesale brokerage
facilities underpinned by substantial retail online trading and market data services.