Great Southern Copper PLC - London-based company focused on copper-gold exploration in Chile - Unveils plans to list on the London Main Market, though details of the initial public offering are not yet disclosed. SI Capital Ltd is acting as financial adviser and broker. Will use the cash raised from the IPO to develop its two projects in northern Chile - San Lorenzo and Especularita projects - to raise its public profile, and to "take advantage of the potential liquidity offered by a standard listing".
"It is a great time to be focused on copper-gold exploration and we are excited to advance our two large scale exploration projects in Chile, a globally significant mining jurisdiction and the largest copper producing country in the world," says Chief Executive Sam Garrett.
By Josie O'Brien; josieobrien@alliancenews.com
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