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B1 Funding Challenges for SME’s Alistair Jaque Nic Andrews

2011 Annual Conference. 28 TH ANNUAL CONFERENCE 2011. B1 Funding Challenges for SME’s Alistair Jaque Nic Andrews. CSA National conference 2011 Funding Challenges F or SMEs Nic Andrews CEO, Magontec Limited Alistair Jaque Partner, Swaab Attorneys 5 December 2011.

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B1 Funding Challenges for SME’s Alistair Jaque Nic Andrews

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  1. 2011Annual Conference 28THANNUAL CONFERENCE2011 B1 Funding Challenges for SME’s Alistair Jaque Nic Andrews

  2. CSA National conference 2011Funding Challenges For SMEsNic Andrews CEO, Magontec Limited Alistair Jaque Partner, Swaab Attorneys 5 December 2011

  3. The magnesium industry and MGL Source Industry Application Mg alloys Automotive Steel China ‘3C’ Al alloys Ti Powertool Fe Other

  4. Fundraising rules Types of funding • Loan facility • Subscription for shares • Convertible loan note • Redeemable preference shares

  5. Fundraising rules • Rules for private companies • Rules for public companies • Restrictions on advertising investment opportunities

  6. Funding The Magontec acquisition • Australian, German, Romanian, Cypriot and Chinese jurisdictions • Dealing with a much larger listed seller • AML share price • Acquisition funding • Working capital funding • Funding costs and expenses • Shareholder approvals

  7. funding the Magontec acquisition • Listing Rule 7.1 - issue of 15% of AML shares • Chapter 6D- disclosure issues • Convertible loan note- vendor finance for part of purchase price • Section 606– ensure takeover provisions not triggered • Listing Rule 11.1- change in nature or scale of business • Share Purchase Plan- to raise additional working capital • Loan agreement - with bank for working capital funding • EGM - 16,000 shareholders

  8. Funding challenges for smes Porsche Panamera V8 engine Valve Cover Belt Drive Cover OilHousing

  9. CSA National conference 2011Funding Challenges For SMEsNic Andrews CEO, Magontec Limited Alistair Jaque Partner, Swaab Attorneys 5 December 2011

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