DP Energy Ireland Ltd entered into a conditional sale and purchase agreement to acquire remaining 50% stake in Atlantis Operations (Canada) Limited from Atlantis Resources Limited (AIM:ARL) on January 5, 2018. The consideration will be paid in cash. Atlantis Operations will be renamed after completion of the transaction. The transaction is subject to satisfaction of certain conditions, including receipt of required approval from the Nova Scotia Minister of Energy. Andrew Craig and Richard Salmond of Cantor Fitzgerald Europe acted as financial advisors and joint broker to Atlantis. Rob Mansley and Nick Stamp of Macquarie Capital (Europe) Limited acted as joint brokers to Atlantis.