London Stock Exchange welcomes Serval Resources Plc to AIM

The Future runs on Copper

Serval Resources Plc (AIM: SRVL), a company focused on building an independent copper and future metals developer, celebrates its Admission to AIM, marking a significant milestone in its strategic evolution and setting the foundation for its next phase of growth.

The team celebrating on the balcony at LSEG during the welcome ceremony.

Headquartered in London, the Company is focused on unlocking value across a high-potential African portfolio to become a leading mid-cap copper and future metals explorer and developer.

By securing exploration and development assets in the upcoming copper belts of Namibia, Botswana and Côte d’Ivoire, which are relatively under-explored in contrast to their prospectivity, the Company is strategically positioned to capitalise on the rising demand for copper and other strategic metals, driven by the global energy transition and the need for sustainable, independent supply chains.

SRVL is delighted to be opening the market at the London Stock Exchange during the week of its first day of trading on AIM. Admission follows the successful equity fundraise and retail offer to raise a total of ca. £2.96 million (before expenses) a price of 22.5 pence per share, leading to an anticipated market capitalisation of ca. £7.6 million on admission.

“This is a landmark event for the Company as the admission to AIM will provide the foundation from which to grow the business. Our focus is on copper, given its uses are broadening into areas that are both transformative and strategic for the global economy, with an essential role in meeting the growing requirements of electrification, digitalisation, and technologies such as AI, data centres, electric vehicles, and defence, in addition to its traditional core economic demand that tracks global growth.

Our priority now is to put the funds raised to good use by advancing our exciting exploration targets in Namibia and Botswana, as well as the continued evaluation of the Duékoué project in Côte d’Ivoire. We would like to thank all the investors who have supported us in our plan to create a mid-cap copper and future-metals exploration and development group.”

Robin Birchall
Chief Executive Officer

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