Neometals Ltd confirms listing on AIM of London Stock Exchange

LONDON, UK: Neometals Ltd, a sustainable minerals and advanced materials project developer, confirmed its intention to seek a dual listing of its ordinary shares on the London Stock Exchange‘s AIM Market in addition to its existing listing on the Australian Securities Exchange (ASX:NMT).

Admission of the Ordinary Shares to trading on AIM is expected to occur on 28 February 2022 under the TIDM ‘NMT’.

Cenkos Securities PLC is acting as Nominated Adviser (“NOMAD”) and broker to the Company.

Neometals is seeking Admission as part of its strategy to capitalise on substantial UK and European investor interest in the Company’s role supporting sustainable circular battery value chains.

Neometals’ projects are advancing towards development decisions and the company believes it is an appropriate time to maximise liquidity and better access pools of European investment capital.

Admission to AIM aligns the physical location of several core projects with an existing and targeted shareholder base and will also extend the trading window available to investors.

Chris Reed, Chief Executive Officer of Neometals, said: “We are pleased to announce our intention to seek Admission to the AIM market and to broaden our shareholder base ahead of decision points for our European projects in 2022.

Today, Neometals offers its shareholders exposure through a diversified portfolio of projects which will produce the critical materials needed by the electric vehicle and energy storage sectors. Through those projects we are commercialising our proprietary green processing technologies that are intended to support decarbonising those supply chains.

“We have an experienced team with a clear strategy, we are leveraging our established record and significant financial resources to continue building and returning value to our shareholders. Our sustainable technologies and business models have attracted, and will continue to attract partners and generate new project opportunities.

“The board and management look forward to listing on AIM ahead of our transition to delivering the minerals and advanced materials essential for a sustainable future.”

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