Zeus Capital acted as NOMAD and Broker to MXC Capital Limited on it’s £7million placing

Zeus Capital acted as nominated adviser and broker to MXC Capital Limited (AIM:MXCP) on its £7 million placing, which in conjunction with the extension of the Company’s existing banking facilities, provides £13 million of capital available to invest in identified near term opportunities.  The placing was supported by a mix of new and existing investors, further strengthening the Company’s share register.

Peter Rigg, Chairman of MXC, said: “In our interims announced 3 weeks ago, I expressed confidence in the Company’s prospects following an encouraging first half of the year. I also referred to an exciting pipeline of opportunity. This financing allows us to execute some of the opportunities we have identified. I look forward to updating shareholders shortly.”