Deal alert: Great Southern Copper plc
PKF supports admisson to the Main Market of the London Stock Exchange
PKF’s Capital Markets team has supported Great Southern Copper plc on its Admission to the Main Market of the London Stock Exchange (LSE).
The company announced on 20 December its admission to the LSE and placing raising gross proceeds of approximately £3.5 million, with the intention of providing funds for the exploration of copper and gold projects in Chile. The company’s primary projects are the San Lorenzo and Especularita projects, both of which are located in the coastal area of Chile.
The primary objective of the company is to focus on the advancement of the exploration and evaluation of its copper-gold projects, as well as potentially to seek further acquisitions and investments to create a pipeline of projects and generate value for shareholders. The company is planning a two-year exploration work programme for the copper-gold projects, targeting principally large tonnage, low to medium grade porphyry Cu-Au deposits.
PKF acted as reporting accountant on the transaction and the Capital Markets team included Adam Humphreys and Lauren Haslam.
“We greatly appreciated the support provided by the Capital Markets team at PKF. The IPO process is a landmark in the Company’s development and PKF were able to assist at each step of the process. We are excited about the future of GSC as a listed entity on the LSE.”
Charles Bond, Chairman |Great Southern Copper plc
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