27 January 2016, Emefcy Group Limited (ASX:EMC) (“Emefcy” or the “Company”) is pleased to announce the appointment of New York based EAS Advisors, LLC (“EAS”) as the Company’s North American corporate advisors subject to terms to be finalized in the coming days.
Emefcy’s recently launched sales and marketing initiative has quickly led to a robust pipeline of potential projects across multiple geographies for the Company’s SABRE product. The geographic diversity of these projects confirms the global appeal for the Company’s products and helps underpin the Company’s stated objective to encourage expansion of its share register of international institutional investors. The Company was pleased to see that nearly 40% of its recent capital campaign was supported by a network of US and Hong Kong based institutional investors and that, at the conclusion of its capital campaign, approximately 60% of its overall register was taken up by investors outside of Australia.
EAS is a well-respected New York based investment advisory firm with deep ties to Australian and US institutional investors. EAS was founded by its Principal, Edward Sugar in 2008 and has participated in over US$3.5 billion of successful transactions since inception.
Richard Irving, Executive Chairman of Emefcy Group noted: “EAS has a proven track record of success in exposing ASX listed companies to US investors and industry partners and is well placed to partner with the Emefcy leadership team to support the Company’s objectives in 2016. The EAS appointment also represents the achievement of our corporate goal to establish a relationship with a North American capital markets communication advisor in Q1”.
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