Our team: Paul Airley
Fladgate LLP advised Beaumont Cornish as Nomad and UK broker on the admission to AIM of European Metal Holdings Limited (European Metals).
European Metals is a specialty lithium exploration and development company. The Company’s wholly-owned subsidiary, Geomet s.r.o., owns mineral exploration licences for the Cinovec Project in the north of the Czech Republic.
Keith Coughlan, Managing Director of European Metals, commented:
“Being admitted to AIM will provide us with greater flexibility to continue our growth in the future and will enable the Company to access a wider investor base. European-based investors have shown increasing interest in both lithium and the Cinovec project. Our overall objective is to proceed as quickly as possible to development and production of the Cinovec Project based on the existing defined resource envelope. Our initial work programme is focused on additional in-fill drilling to provide further cores for the metallurgical assessment of the potential lithium recovery process, metallurgical test-work and early pilot plant work.”
The Fladgate team was led by corporate partner Paul Airley.
European Metals will retain its listing on the Australian Securities Exchange (ASX).