Sanlam Securities (UK) forms a strategic partnership with Velocity Trade for mining transactions
Dec 16th, 2014
Velocity Trade Holdings Ltd. (“Velocity Trade”) and Sanlam Securities UK (“Sanlam”) jointly announce that they have entered into a strategic partnership for the purposes of providing reciprocal access to, and increased exposure of, each party’s respective corporate finance and brokerage services within the Canadian junior and mid-cap resource sector, primarily mining.
London-based Sanlam Securities UK has an established small cap mining sector franchise, and specialises in corporate finance, institutional brokerage services, and research and sales for small to mid-sized United Kingdom and African based resource issuers.
The team at Velocity Trade specializes in turn-key services and solutions, as it relates to listings on Canadian Stock Exchanges, mineral property brokering/transactions, due diligence mandates, mergers & acquisitions, and corporate structurings. This alliance will provide small and mid-cap Canadian mining companies with access to European investors, and facilitate UK and European companies’ access to projects and turn-key commercial transactions in Canada.
Simon Clements, Head of Corporate Finance at Sanlam Securities UK commented: “We are delighted to announce our partnership with Velocity Trade, which will be of great benefit to our prospective and existing clients, and will go a long way in differentiating our service offerings. There are plentiful mining opportunities in Canada, and we look forward to extending our relationship with Velocity”.
Simon Grayson, CEO of Velocity Trade commented: “The formation of this partnership with Sanlam is timely given our recently acquired broker/dealer in Canada, Magna Partners Ltd., a wholly owned entity within the Velocity Group of companies (see News Release dated October 31, 2014 at www.velocitytrade.com). This acquisition and the partnership with Sanlam springboards our ability to work with more Canadian entities, as well as those internationally-located issuers seeking access to the Canadian market.”
For further information, please contact:
Sanlam Securities UK:
Head of Corporate Finance
+44 (0) 20 7382 0922 (W)
+44 (0) 7961 379495
10 King William Street
London, UK, EC4N 7TW
Chief Executive Officer
416 855 2800
Jennifer Boyle, B.A., LL.B.
Global Head of Corporate Finance
(O) 416 855 2800
(cell) 416 904 2714
99 Yorkville Avenue, Suite 210
Toronto, ON, M5R 3K5
About Sanlam Securities UK
Sanlam Securities UK (SSUK) Limited provides institutional stockbroking, specialist corporate finance and corporate broking services to small and mid-cap publicly listed companies and companies seeking a public listing to raise capital. It also publishes research focused on client companies, aiming to keep the market briefed about their strategies and how they interact with the sectors in which they operate as well as research on other companies where its industry knowledge can add value for investors. Additionally, it works closely with private company clients in building their business plans and providing funding from appropriate sources.
The team currently focuses primarily on the Support Services, Property, Technology; Consumer & Leisure; Oil & Gas and Mining & Minerals sectors.
Sanlam Private Investments
Sanlam Securities UK associate company in the UK is Sanlam Private Investments, a private client wealth management business which engages on an individual basis with high net worth individuals and their families to design, deliver and personally manage bespoke investment solutions.
Sanlam is a leading financial services group in South Africa, listed on the JSE and Namibian stock exchanges. The Group comprises a number of mutually dependent business entities focusing mainly, but not exclusively, on wealth creation and protection, investment management and ancillary financial services solutions for individuals and institutions. Apart from the UK, the Group has business interests elsewhere in Africa, Australia, India, and Europe. As at October 2012 Sanlam Investments had assets under management of £40 billion.
About Magna Partners Ltd.
Magna Partners Ltd., a wholly owned subsidiary of Velocity Trade Holdings Ltd., is registered as an investment dealer in the provinces of Ontario and Quebec. Magna is a member of the Investment Industry Regulatory Organization of Canada (IIROC), the Canadian Investor Protection Fund (CIPF) and a participating organization of the Toronto Stock Exchange, TSX Venture Exchange.
Velocity Trade Group
Through its global network of wholly owned regulated and registered subsidiary companies, Velocity Trade provides corporate and institutional clients competitive brokerage services in a multitude of global over-the-counter (OTC) and exchange listed equity markets. Velocity Trade offers services in a broad range of markets, including: (i) foreign exchange hedging, trading, settlement and prime of prime; (ii) global equity; and (iii) corporate finance and advisory. Velocity Trade has offices in Toronto, Montreal, New York, London, Cape Town, Sydney and Auckland.