Exploration & Mining Finance Investments News

Ormonde to exit AIM-Euronext in proposed Canada acquisition

Ormonde Mining plc plans to cancel its AIM and Euronext Growth Market listings as part of its proposed investment via a subscription in a Canadian gold-copper explorer. RULES The company became an AIM Rule 15 cash shell in October 2022 and was required to make an acquisition or acquisitions constituting a reverse takeover (RTO) on, […]

Exploration & Mining Investments News

Ormonde acquires 20% stake in Peak Nickel

Ormonde Mining plc has acquired a 20% interest in Sheffield-based Peak Nickel Ltd which has interests in “battery metal” mining prospects. TERMS The company said its investment would enable a “fast-track initial work programme” aimed at identifying modern, code-compliant resources.  Ormonde will pay £450,000 and is granted exclusive option either to invest up to a […]