On October 10, 2006, Kanyon Plc, a niche AIM shell, completed its £3 million placing and admission to AIM. Kanyon was established by the directors to utilise their contacts and experience in order to invest in or acquire assets, businesses or companies in the hydrocarbon or mining exploration and development industries.
Nigel Gordon and Michael Kashis of Fasken Martineau Stringer Saul advised Kanyon on its placing and admission to AIM.