Malawi Mangoes (2011- 2017)
Merlin has raised $22.3million for Malawi Mangoes, a start-up agricultural processing business in Malawi.
From the minute we walked through the door, the Merlin team demonstrated pure professionalism, drive and commitment, and raised our anchor equity within 48 hours of our first discussions. Since then, far from disappearing as many corporate finance boutiques do, Merlin has become a key strategic partner and advisor. First class.
Mkango Resources, IPO on TSX-V (2011-2014)
Together with Haywood Securities, Merlin raised the initial $7 million for Mkango Resources. Mkango owns the Tsongwe Rare Earths discovery in Southern Malawi. Mkango was spun out of Leominex Resources in 2010.
Merlin's continued support enabled us to IPO at a very challenging time.
Jonny Jacobs, CEO
Mediterranean Oil & Gas Plc. (May 2011)
Merlin successfully refinanced Mediterranean Oil & Gas with a £20 million equity injection. Merlin negotiated the repurchase of the company's outstanding debt and the conversion of its convertible bonds, leaving the company with a clean balance sheet and the equity required to fulfill its business plan. Matthew Clarke was made Chairman of the Company in November 2011.
Jeremy Taylor, Director
Green Frog Power Limited (August 2011)
In June and August 2011 Merlin completed a total of £80m capital for the company. Green Frog is a private UK business that builds and operates power stations in the UK and supplies standby power to the National Grid.
We were delighted with the service that Merlin provided, who helped us with enthusiasm and diligence through a very complicated process to a successful financing.
Alan Stein, (former) Executive Deputy Chairman and Founder
Ophir Energy Limited (2004- 2013)
In August 2004 Merlin raised the first $8m for Ophir, the oil and gas exploration company in Africa. In May 2005 Merlin advised Ophir on its $8m rights issue. In 2006 Merlin raised $130m equity and $90m convertible bonds. In 2008 Merlin raised $340m for Ophir. Merlin has acted as financial adviser to Ophir since inception and following the successful IPO of Ophir on the London Stock Exchange in June 2011 continues to act as financial adviser to the company.
Merlin have been involved with Ophir from inception. Their advice has always been insightful and robust. They have helped us raise a significant amount of capital for the business and continue to provide us with advice.
Will Dawes, CEO
Central Asia Mining Company (2011-2016)
In May 2011 Merlin raised $41 million of equity for a private start-up mining business focused in Central Asia and continues to provide advisory services to date.