A cheeky website about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. If you have a tip or want to discuss a story please feel free to email Betaville at ben@betaville.co.uk.

RARE ALERT: Bluejay Mining said to be working on £15 million equity fundraising

Wednesday, 31 January 2018, 6:52 pm

It's a bull market, so the multi million/billion pound takeover deals and equity fundraisings are coming thick and fast.

The latest in the pipeline is Bluejay Mining, whose main asset is an ilmenite project in Greenland. What's ilmenite? Apparently, it's the most important ore of titanium and the main source of titanium dioxide, which is used in paints, fabrics, plastics, paper and sunscreen...

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Betaville Intelligence

RARE ALERT: Diversified Oil and Gas said to ...

Wednesday, 31 January 2018, 2:12 pm

Diversified Oil and Gas, the London-listed American gas producer, is working on a multi-million pound equity fundraising for the purchase of two major assets in the US.

According to sources claiming to be familiar with the matter, Diversified Oil and Gas is looking raise between $150 and $200 million to buy gas assets in West Virginia.

However, it's not clear which assets Diversified Oil and Gas, which focusses on the Appalachian Basin, is trying to purchase...

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English back on top form in 2018 - part 2

Tuesday, 23 January 2018, 7:58 pm

Betaville realises that Simon English over at the Evening Standard often gets a plug on these pixels but it really is for a good reason. Indeed, English's latest column is laugh out loud funny and thoroughly insightful. Do give it a read when you have a spare moment. I have pasted the link below:..

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RARE ALERT: Petro Matad said to be working on a £22 million equity fundraising

Thursday, 18 January 2018, 8:33 pm

Petro Matad, an oil explorer with assets in Mongolia, is said to be close to announcing a £22 million equity fundraising.

According to sources claiming to be familiar with the matter, brokers at Stifel are said to be leading the equity fundriasing for Petro Matad.

Some of the equity fundraising is being done via a placing at a 30pc discount to the recent share price, said these sources familiar with matter...

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RARE ALERT: Zenith Energy said to see equity placing

Wednesday, 17 January 2018, 5:00 pm

Zenith Energy, the Canadian oil and gas consolidation vehicle, may soon see a placing.

According to sources claiming to be familiar with the matter, brokers are attempting to place between £500,000 and £1 million at around a 15pc discount to the company's current share price.

However, it's not clear what the cash from the placing will be used for...

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JP Morgan skewered in Melrose bid for GKN

Wednesday, 17 January 2018, 7:40 am

No self respecting investment banker will ever admit to having too many clients. Take, JP Morgan, for example. The powerful investment bank is a corporate broker and adviser to GKN and Melrose and was almost always cited on all their deal press releases. I have pasted Melrose's £2.2 billion acquisition of American ventilitation-to-security group Nortek below and GKN's equity fundraising of about £200 million for the acquisition of Fokker Technologies in 2015:..

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[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].