Jul 02

M.M. DILLON & CO. ADVISES SCHULTZE ASSET MANAGEMENT, LLC IN ORMET INVESTMENT

CRT Capital Group LLC n/k/a M.M. Dillon & Co. served as financial advisor to Schultze Asset Management, LLC. in connection with the review of the $35 million private placement of Senior Subordinate Secured Notes and warrants completed by Ormet Corporation (“Ormet”) in November 2007 and undertaking of a rights offering.

About Ormet Corporation

Ormet Corporation engages in the production and sale of primary aluminum and related products in the United States. It offers aluminum/sows and alumina primarily to commodity traders. The company was founded in 1956 and is headquartered in Hannibal, Ohio.

About M.M. Dillon & Co.

M.M. Dillon & Co. (formerly CRT Investment Banking LLC) is an employee owned partnership where industry and product specialists collaborate closely to provide creative, idea-driven advice and solutions to its institutional and corporate clients. M.M. Dillon offers public and private financing, M&A advisory and restructuring advisory services. M.M. Dillon’s team of experienced professionals provides execution capabilities for companies across a range of industry sectors. The firm’s senior banking professionals have a minimum of 20 years of experience with major Wall Street firms.