London Stock Exchange welcomes Bradda Head Holdings Ltd to AIM

London Stock Exchange welcomes Bradda Head Holdings Ltd (‘Bradda Head’), the North American-focused lithium developer, to AIM under the ticker ‘BHL’. The Company will be trading its common shares and has a market capitalisation of approximately £16.1 million at admission. This is Bradda Head’s primary listing.

Bradda Head is a new breed of lithium explorer with unique exposure across all three main recognised lithium deposit types; brine, pegmatite and sedimentary, and with assets in Nevada and Arizona. The Company believes that the AIM listing will provide access to more European investors, offer additional liquidity for the Company’s current and future shareholders and broaden the marketing of its shares. The proceeds raised during The Company’s IPO will principally fund a number of phased exploration work programmes for the Group’s projects.

The favourable mining jurisdiction of Nevada and Arizona (#1 and #2 respectively in investment attractiveness as of the 2020 Fraser Institute annual mining survey), and the Bradda Head management team’s extensive track record of resource exploration and development, give The Company a competitive advantage to supply lithium end-users in the US.

Charles FitzRoy, CEO of Bradda Head, commented: “We are delighted to be bringing Bradda Head to AIM, particularly at a time when lithium exploration is shaping up to be a key component in the global transition to zero-emissions technologies.

“The United States is facing a dramatic shortfall in domestic low carbon footprint lithium supply and Bradda is ideally positioned to supply this growing key market.

“We believe that the location of our projects provides Bradda Head an important competitive advantage to supply lithium to end-users, but which also represents a promising opportunity for current and future investors. 

"We look forward to welcoming new investors as we progress to the next phase of development of our North American assets."

The Group intends to continue to develop its three phase one projects in Arizona, whilst endeavouring to unlock value at its other prospective pegmatite and brine assets in Arizona, Nevada and Pennsylvania. All of Bradda Head’s licences are held on a 100% equity basis, and are in close proximity to the required infrastructure.

Contact:

Bradda Head Holdings Limited - +44 (0) 1624 639 396

Charlie FitzRoy, CEO
Denham Eke, Finance Director

Beaumont Cornish (Nomad) - +44 20 7628 3396

James Biddle / Roman Cornish

Peterhouse - Joint Broker) - +44 207 469 0930

Charles Goodfellow
Duncan Vasey
Lucy Williams

Shard Capital (Joint Broker) - +44 207 186 9927

Isabella Pierre 

Tavistock (PR) - + 44 20 7920 3150 - braddahead@tavistock.co.uk

Jos Simson 
Nick Elwes 
Oliver Lamb 
Adam Baynes

Quick facts

Track
Market: AIM
Instrument market cap (£m)
-
Listing/Admission to trading
19 Jul 2021
Looking for new and recent issues?

More recent

33.32
London Stock Exchange welcomes HydrogenOne Capital Growth plc to the Premium Segment of the Main Market

HydrogenOne Capital Growth plc, the first London listed hydrogen fund, offers growth potential in clean hydrogen and related technologies. The Company offers investors diversified exposure to private equity and listed hydrogen companies on an international basis. The Company has today listed on the premium segment of London Stock Exchange's main market and qualifies for the Green Economy Mark.<

Learn more
London Stock Exchange welcomes Seplat Energy’s Capital Markets Day

Seplat Energy has today opened London Stock Exchange trading at an official Market Opening ceremony. 

Seplat Energy is a leading independent energy company operating in the prolific Niger Delta area of Nigeria and a leading supplier of processed gas to the domestic market. In 2014 the company completed the first ever dual listing on both the London Stock Exchange (LSEG) and

Learn more
London Stock Exchange welcomes Spinnaker Acquisitions Plc to the Main Market

Spinnaker Acquisitions Plc (“SPAQ”) is a newly established purpose-built cash shell aiming to support businesses and projects in the areas of Sustainability and Energy Transition. With interest in the green economy as keen as it is currently, the objective is to find a business valued at £5–30M with strong profit potential and likely market appetite. 

SPAQ is a company co-founded

Learn more
London Stock Exchange welcomes BIG TECHNOLOGIES PLC to AIM

Big Technologies PLC, the UK-based, remote people monitoring technology company, has today taken the next step in its long-term growth strategy as it is admitted to AIM of London Stock Exchange. It is now trading on AIM, having raised gross proceeds in excess of £200 million, with ticker BIG. At the placing price of 200p per share, Big Technologies PLC has a market capitalisation of £577 millio

Learn more