Sovereign Metals Limited Sovereign to Commence Trading on AIM (5167V)
December 14 2021 - 2:00AM
UK Regulatory
TIDMSVML
RNS Number : 5167V
Sovereign Metals Limited
14 December 2021
NEWS RELEASE 14 December 2021
SOVEREIGN TO COMMENCE TRADING ON AIM
Sovereign Metals Limited (the Company or Sovereign) is pleased
to announce that its shares will be admitted to the AIM market of
the London Stock Exchange (AIM) at 8am (GMT) today to further raise
the Company's profile in the northern hemisphere and facilitate the
participation of UK and other European investors in Sovereign's
growth.
With the Scoping Study for the Kasiya Rutile Project (Kasiya)
due to be published in the coming days, the AIM admission seeks to
position Sovereign for the next stage of its development.
The Company's shares will trade on AIM with the code of SVML and
will continue to trade on ASX as normal with a code of SVM.
RFC Ambrian Limited (RFC Ambrian) has assisted with the AIM
listing process and will be the Company's nominated adviser with
Optiva Securities having been appointed as broker.
Sovereign's Managing Director, Dr Julian Stephens commented:
"I am extremely pleased to complete our listing on AIM which
represents a major step forward in the Company's growth, especially
as we look to publish our Scoping Study for Kasiya. The Company is
very much looking forward to revealing the potential economics of
this globally significant rutile discovery to existing shareholders
and new AIM investors in the coming days."
"The listing is further expected to raise our profile in the UK
and European markets for the next stage of our development.
Sovereign is looking forward to proactively engaging with the
London market."
ENQUIRIES
Dr Julian Stephens (Perth) Sam Cordin (Perth) Sapan Ghai (London)
Managing Director +61(8) 9322 6322 +44 207 478 3900
+61(8) 9322 6322
Nominated Adviser on AIM
Bhavesh Patel / Andrew Thomson
(RFC Ambrian) +44 20 3440 6800
Broker
Optiva Securities +44 20 3137 1902
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END
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