Frontier International Resources plc: AIM IPO for onshore oil and gas explorer

Transaction: Bates Wells acted for Beaumont Cornish and Beaufort Securities in connection with Frontier’s £1.8m placing of new shares and admission to AIM.


Clients: Beaumont Cornish Limited is an independent corporate finance adviser, which advises domestic and international companies principally listed on AIM and the Main Market of the London Stock Exchange. Beaufort Securities Limited is a corporate broker, wealth manager and private client stockbroker that specialises in online share dealing, advisory stockbroking, stockmarket news, share tips and research.

Lawyers: Mark Tasker (Partner) and Jonathan Morris (Senior Associate) led the team acting for Beaumont Cornish and Beaufort Securities, assisted by Natalie Knight-Wickens (Associate).

Observations: This was our first transaction for Beaufort Securities and another AIM transaction in the resources sector, which has been a strong sector for Bates Wells in 2013.