Cornhill sources and structures transactions for high quality companies who are looking to raise funding via either debt or equity both directly and via a network of NOMADs, lawyers and accountants. Our primary focus is Oil and Gas as well as Mining. We also consider companies outside these sectors where they can evidence future cash flows via commercial contracts or genuine value in their underlying assets.
We work in partnership with our corporate clients in order to assist them in achieving their financing requirements. We have a defined investment process which assists in filtering potential clients including a due diligence process to ensure that investors can have confidence in the companies that we represent.
We also work with a number of City law firms who assist in structuring these investments in order to further protect our clients. We have raised capital for more than 30 companies which include both publicly traded companies and private companies as either lead broker to the company or as a co-broker and we focus on capital raisings of between $1m and $10m in value, in either debt or equity.
Kibo Mining plc - AIM/PLUS: KIBO, JSE: KBO
Cornhill Capital is Corporate Broker (AIM)
Kibo is a mineral exploration and development company focused on gold and nickel projects in Tanzania, East Africa. As of summer 2010, the Company has 534,150 ounces of gold in the Indicated and Inferred (JORC-compliant) categories in two deposits in the Lake Victoria Goldfields. In December 2010 the Company signed an Agreement with Mzuri Gold Limited (Mzuri Gold). The Agreement provides for a strategic investment by the Mzuri Group in Kibo, the acquisition by Kibo of a large portfolio of Tanzanian mineral rights and applications held by Mzuri Gold, and a dual listing of Kibo's shares on the Johannesburg Stock Exchange (May 2011).
The Company also has two earlier stage exploration projects: a nickel-platinoid-gold project located just north of Tanzania's capital city, Dodoma, in central Tanzania and a gold projects located close to the town of Morogoro located between Dodoma and Tanzania's principal city and port, Dar es Salaam. The Company's objective is to enhance shareholder wealth through acquisition, exploration and development of mineral assets in this area.
Frontera Resources Corporation - AIM/PLUS: FRR
Cornhill Capital is Joint Corporate Broker
Frontera Resources is an international oil and gas company that was founded in 1996. The company was organized to pursue international exploration and production opportunities in emerging markets.
Specifically, Frontera's strategy is to seek opportunities in known hydrocarbon-bearing basins around the world where historical geopolitical and/or economic situations may have caused significant oil and gas plays to be overlooked or underdeveloped. Being among the first to enter these markets as they change and emerge from these historical situations is a primary objective in order to capture opportunity. Within this strategy, Frontera's current focus is targeted on exploiting a 'Greater Black Sea' initiative, with a primary focus on its core operations in the country of Georgia.
The Company's management team and board of directors are comprised of an experienced team of individuals with extensive backgrounds in the international oil and gas business, related service industries, finance and geopolitics.
Website: www.fronteraresources.com
GGG Resources plc - AIM/PLUS: GGG, ASX: GGB
Cornhill Capital is Market Adviser (London)
With a JORC defined resource estimate of 2.6m oz of gold, GGG is beginning to attract attention worldwide. Acting as its broker, in 2005 Nick Bealer brought this Company to market under its former name Central China Goldfields. It had success in finding a huge copper deposit in China, which demonstrated the management's capability to make significant geological discoveries. Unfortunately, the world financial crisis in 2008 prevented GGG from gaining the true value from Nimu, and the company decided to withdraw from China and refocus the business.
After reviewing around 100 projects, they found Bullabulling in Western Australia and it is proving to be a great find and is in a very low risk, mining friendly environment. They plan to fast-track this focal project into production together with their Australian partner, Auzex
Ariana Resources plc - AIM/PLUS: AAU
Cornhill Capital is Market Consultant
Ariana Resources is a gold exploration and development company focused on Turkey, where mining has been going on for some 9,000 years. It is spearheaded by an experienced Turkish management team, exploring a portfolio of prospective licenses selected on the basis of its in-house geological and remote-sensing database. This is done on its own and in joint venture (50:50) with Proccea Construction in western Turkey and in Joint Venture with European Goldfields
In July 2011 Ariana finalised the acquisition of four prospective exploration licences in eastern Turkey from KEFI Minerals (for 910,747 shares at 5.49p and TRY10,000 and a 2% NSR to KEFI).
This acquisition has bolstered its land position at Red Rabbit with the intention of increasing its resource base from 448k Au to over 1m oz. The Ariana team are aware of the high exploration potential of western Turkey and as a result have adopted a twofold exploration strategy; to discover satellite resources with the potential to feed the Red Rabbit processing plant and to expand the regional search in the pursuit of the next multi-million ounce deposit. Nick Bealer bought this Company to AIM in 2005, as Broker, so it is good to be involved at this stage, when the management of Ariana begin to see the fruits of many years of hard work, as they near production, and also still have vision for further exploration targets.
Website: www.arianaresources.com
Noricum Gold Limited - AIM/PLUS: NMG
Cornhill Capital is Joint Broker
The exploration assets currently comprise 518 exploration licences located across the Salzburg and Carinthia provinces of south and south-west Austria. Work is currently focussed on the 51 sq km Rotgülden gold and precious metals project, which consists of 15 underground mines including the previously operating gold/copper/silver Rotgülden mine, and the 49 sq km Kliening gold and precious metals project. The Company is actively conducting exploration programmes to advance these licences through the resource development cycle.
High grade gold, silver and copper results to date underpin the expanding and exciting potential of the projects and regional continuations. Noricum also holds a further three exploration licences over prospective land in the region: the 29 sq km Goldeck Project, the 24 sq km Schonberg Project and the 12 sq km Goldzeche Group. Austria is a high grade gold region and mining friendly with the bonus of economic and political stability. Also Rotgülden’s classification as an ‘existing mine’ simplifies the process of advancement. This gives us an early stage opportunity to participate in a high growth exploration and development company.