Neometals Ltd (ASX: NMT)
Advised that it is making strong progress towards the admission of its shares to trading on the AIM market of the London Stock Exchange.
Pursuant to the AIM Rules for Companies, Neometals has submitted its Schedule One pre-admission as well as its proposed introduction to AIM announcements to the LSE. […]
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| Neometals | ASX : NMT |
| Stage | Production + development |
| Metals | Titanium + Vanadium + lithium + nickel |
| Market cap | A$724 m @ A$1.32 |
| Location | Western Australia, Germany, Finland, USA |
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Neometals Ltd (ASX: NMT) (“Neometals” or “the Company”), is pleased to advise that
it is making strong progress towards the admission of its shares to trading on the AIM market of the London Stock Exchange (“LSE”)(“AIM Listing”).
Pursuant to the AIM Rules for Companies, Neometals has submitted its Schedule One pre-admission (“Schedule One”) as well as its proposed introduction to AIM announcements to the LSE.
Both of these compliance documents precede lodgement of the formal application for admission and publication of admission document which, when approved by the Neometals board and the LSE, finalises admission to trading.
Neometals’ AIM Listing is part of its strategy to capitalise on substantial UK and European investor interest in the Company’s role supporting sustainable circular battery value chains(for full details refer to Neometals ASX announcement entitled “Neometals to List on the London Stock Exchange” released on the 23rd April 2021).
The AIM admission will not be coupled with an immediate capital raising and Neometals’ shares will continue to be listed and trade on the ASX.
Cenkos Securities Plc is acting as the Company’s Nominated Adviser and broker for the admission to trading.
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HIGHLIGHTS
• Late February targeted for Neometals admission to the AIM market of the London Stock Exchange; and
• Neometals Schedule One Pre-Admission and Proposed Introduction to AIM announcements made on the London Stock Exchange.
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For further information, please refer to the following RNS releases to the London Stock Exchange:
https://www.londonstockexchange.com/news-article/market-news/intention-to-float/15326561
https://www.londonstockexchange.com/news-article/market-news/schedule-one-neometals-ltd/15327037
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Authorised on behalf of Neometals by Christopher Reed, Managing Director
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