OREANDA-NEWS. SP Angel, the independent partnership providing creative investment banking solutions to growing companies, (http://www.spangel.co.uk/) is pleased to announce continued growth through 2015.

The firm completed 17 fundraisings for 13 clients including 4 IPOs across a range of sectors including technology, property, metal processing as well as mining and Oil & Gas in the year under review.

SP Angel ended the year as the Number 1 rated combined Nomad and Broker in the Basic Materials (Mining sector) completed 6 fundraisings in the mining sector and a further 4 in Oil & Gas.

John Meyer, Partner, commented:

"We are pleased to report continued growth in our service to companies in the resources sector and are confident this area will generate new and growing investor interest through 2016 as a broader range of institutional investors position for an upturn in prices."

SP Angel was also able to demonstrate strength across a range of sectors through the year. In December 2015, it acted as financial adviser to a £23.75m sale of a Datacentre real estate investment to a City-based institution.  In addition SP Angel acted as Nomad on the July IPO of MySQUAR, a social media and entertainment platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, while in the property sector, it acted as Joint Broker to the Main Market listing of Phoenix Spree Deutschland, which valued the closed-ended investment company with exposure to German real estate, at around £112m on admission.

SP Angel also acted as Nomad and Broker to Tri-Star Resources on its £3.5m fundraising, completed in July, which completed its funding along with its joint venture partner for a new $70m antimony roaster in the Oman.

The total number of companies for which SP Angel is retained as nomad or financial adviser and/or broker increased to 38 with 12 new appointments within the year including Ortac, the AIM-listed exploration and development company focused on Slovakia, and Union Jack Oil the UK-focused onshore oil and gas exploration company.

Rob Wooldridge, Partner, added:

"During the toughest period for natural resource companies we continue to support our mining and oil & gas clients with quality research so we can advise and give access to capital markets.  We are equally pleased to have been involved in a number of interesting and high profile sectors as diverse as Property, Technology, Metals Processing, Oil & Gas and Mining. We are optimistic for 2016, although clearly market conditions continue to present challenges."