Deal alert: Caerus Mineral Resources plc
PKF supports admission to the Main Market of the London Stock Exchange
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Service: Sector: Caerus completed a placing of 21,000,000 new ordinary shares at 10p and further subscription agreements for an aggregate 1,500,000 new ordinary shares at 10p to raise a cumulative £2,250,000. At listing, the total number of shares will be 22,500,000.
Caerus Mineral Resources is an exploration and resource development company operating in the Republic of Cyprus. The company’s ambition is to generate value for all stakeholders through the discovery, development and production of copper and gold mineral resources.
PKF acted as reporting accountant on the transaction and the Capital Markets team included Adam Humphreys and Lauren Haslam.
“The PKF team proved an integral part of our successful listing. Their expertise and depth of knowledge in mining sector listings was invaluable and guidance was consistently useful. We look forward to working with the team as PKF takes on our routine financial reporting.”
Martyn Churchouse – Chief Executive Officer | Caerus Mineral Resources plc
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