Fladgate LLP advises Galileo Resources plc

Our team: Nigel Gordon

Fladgate LLP has advised Galileo Resources plc on its placing of 112,500,000 ordinary shares to raise £900,000 before expenses.

The placing comprised 54,562,500 new Ordinary Shares (Firm Placing Shares) and 57,937,500 new Ordinary Shares (Conditional Placing Shares) to be allotted and issued subject to Shareholder approval at Galileo’s General Meeting, taking place today, 18 June 2020.

Colin Bird CEO says: “This equity placing will allow the Company to complete its various applications for its Star Zinc project, commence exploration at Kashitu and initiate an aggressive programme of exploration for its highly prospective new acquisition in the Kalahari copper belt. We look forward to progressing with the aforementioned works and keeping the market informed on our progress on a regular basis.”

The Fladgate team was led by Corporate Partner, Nigel Gordon.

Fladgate has advised a number of listed companies including:

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