Dahlman Rose & Co.

Dahlman Rose & Company, LLC is a research-driven investment bank focused on the exploration, recovery and movement of natural resources and refined products around the world. The bank’s industry-leading analysts, advisors and traders offer unique insight into the markets and companies that provide building blocks for the global economy.

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Member: FINRA / SIPC

ECU Silver Mining Inc. &
Golden Minerals Company
Merger-of-equals transaction
for C$629 million
Financial Advisor to
ECU Silver Mining Inc.
September 2011

Avalon Rare Metals Inc.
(AMEX: AVL / TSX: AVL)
Follow-on Offering for $47.3 million
7.7 million shares @ $6.15
Joint Bookrunner
August 2011

Molycorp, Inc.
(NYSE: MCP)
Secondary Offering for $586.5 million
11.5 million shares @ $51
Senior Co-Manager
June 2011

Southwest Airlines and AirTran
Southwest Airlines' Acquisition
of AirTran for $3.4 billion
Financial Advisor to Southwest Airlines
May 2011

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