Canadian mineral exploration company Cornish Metals is moving to London after purchasing two UK sites
Cornish Metals will float on the LSE
Cornish Metals will float on the London Stock Exchange in what will be a peak year for the UK market.
The company, which is on the hunt for copper, tin and lithium, is gearing up for listing on the subordinate stock market Aim, following card firm Moonpig, boatmaker Dr Martens and lender Vector Capital in securing a London float.
Cornish is listed in Canada, but purchased the United Downs mines and South Crofty’s tin site in 2016. Boss Richard Williams said, “United Downs is one of the most exciting reconnaissance projects in the country.”
It plans to drill at United Downs and build a mineral processing plant close to its projects.