Fladgate advises Chesterfield Resources plc on placing

Our team: Nigel Gordon, Diana Mennie

Fladgate acted for Chesterfield Resources plc on its placing of 26m ordinary shares at 5p per share raising £1.3m before expenses, and the admission of the entire issued ordinary share capital of the company (including the placing shares) to trading on the Standard Segment of the Official List of the UK Listing Authority and the Main Market of the London Stock Exchange. Admission took place on 29 August 2017.

Chesterfield Resources plc is a special purpose acquisition company focused on opportunities in the mining sector, and in particular on acquiring a company, business or asset with operations in the exchange traded non-ferrous metals segment.

The Fladgate team was led by capital markets partner Nigel Gordon, assisted by associate Diana Mennie and trainee Thomas Maw.

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