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Access International Education Ltd.

TSX-V: AOE

Access image - case study

Target Company: Access international Education Ltd. (“Access”)

Transaction Date: May 18, 2010

Company Description: Access is an education company engaged in the provision of senior secondary school programs, post-secondary school certificate and diploma courses and school-in-school English as a Secondary Language (“ESL”) courses in the People’s Republic of China (“PRC” or “China”).

Transaction: Access closed a Private Placement of 3,000,000 units at C$0.20, raising a total amount of C$600,000. Each unit is comprised of a share and a full warrant for each share to be exercised within two years at C$0.25.

Market Capitalization: C$5.17 million at the closing of the Transaction

Role of Evans & Evans: Evans & Evans, Inc. acted as the Lead Advisor to Access over the period November 2009 to May 2010, providing services including:

  • Preparing a corporate overview that included a review of corporate valuation
  • Advising on potential deal structures and negotiating terms of the Transaction
  • Assembling and managing the financing syndicate