FW acts for TSXV-listed Edge Resources Inc on its dual-listing on AIM

July 9, 2012

Fox Williams LLP advised TSXV-listed Edge Resources Inc. (“Edge” or the “Company”) on its recent admission to AIM.

Edge is a Canadian-incorporated, dual AIM and TSXV listed company focused on the exploration and production of oil and gas in Western Canada. In accordance with its strategy, the Company has (i) made a series of relatively low cost acquisitions, (ii) then enhanced those acquisitions through further drilling and (iii) successfully cased 100% of the wells it has drilled to date. The Company’s reserves are located in the Primate area of Saskatchewan (principally oil),the Grand Forks area of Alberta (oil) and the Gilby/Willesden Green area of Alberta (natural gas). In March 2012, the Company announced that it had raised C$4.5 million from Henderson Global Investors to fund an initial phase of focused drilling on oil prospects in its existing property in both Primate and Grand Forks.

Edge’s 105,929,740 common shares were admitted to AIM on 5 July 2012.

Head of Capital Markets Richie Clark and  Corporate Associate Sharon O'Donnell led the Fox Williams team on the transaction. Tingle Merrett acted as Canadian solicitors to the Company, while Memery Crystal advised Merchant Securities, the Company's nominated adviser and broker. 

Brad Nichol, Edge CEO, commented:

“Listing on AIM was an important milestone and monumental task for the Company and the pragmatism, commercial approach and down-to-earth personnel at Fox Williams were all paramount to the transaction's success. The AIM listing process was certainly an education for me and my team, which is why Fox Williams' previous experience in bringing Canadian public companies to AIM and in-depth understanding of the oil & gas industry were crucial to making the process as painless and inexpensive as possible.  Richie and his team brought an empathetic, human approach to managing the project, and I look forward to having Fox Williams at my side as Edge embarks on the next stage of its growth and development.”

Richie Clark commented:

"It was a great pleasure to work with Brad and the entire Edge and Merchant teams on such a meaningful transaction for the Company. Being dual-listed on the TSX and AIM will enable Edge to foster new institutional relationships and access the more readily available and lower cost capital that the London market has to offer – benefits of a dual AIM listing that other Canadian listed companies will undoubtedly be considering in the current challenging market environment. We are very excited to be working alongside the Company as it implements its successful growth strategy going forward."


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