Cleopatra Resources’ financings


Olshan assisted client Cleopatra Resources LLC with a series of recent financings, including a round of equity financing led by Tiger Infrastructure Partners.

In conjunction with the closing of the financings, Cleopatra Resources LLC’s subsidiary American Natural, announced (i) its plan to roll out five additional American Natural retail locations in 2018 and (ii) the acquisition of Satterlee Leasing, LLC and certain business assets of W.G. Satterlee and Sons, a leading wholesale fuel distributor in western Pennsylvania.

Cleopatra Resources LLC owns, operates, and develops a network of American Natural branded multi-fuel stations.

Olshan attorneys who served as legal adviser to Cleopatra Resources in connection with the financings included Corporate partner Mitchell Raab (Picture), Corporate partner Margaret Bae, and Corporate associate Claudia Dubón.

Involved fees earner: Mitchell Raab – Olshan Frome Wolosky LLP; Margaret Bae – Olshan Frome Wolosky LLP; Claudia Dubón – Olshan Frome Wolosky LLP;

Law Firms: Olshan Frome Wolosky LLP;

Clients: Cleopatra Resources LLC;

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Author: Ambrogio Visconti