Canadian mineral exploration company Cornish Metals is set for a London float after buying two UK sites
Cornish Metals is to float on the LSE
Cornish Metals is to float on the London Stock Exchange in what is shaping up to be a bumper year for the UK market.
The firm, which is searching for copper, tin and lithium, is preparing to list on junior stock market Aim, and it follows the likes of card firm Moonpig, bootmaker Dr Martens and lender Vector Capital in confirming a London float.
Cornish is listed in Canada but in 2016 it bought the United Downs mines and the South Crofty tin site. Boss Richard Williams said: ‘United Downs is one of the most exciting exploration projects in the country.’
It intends to start drilling at United Downs and wants to build a mineral processing plant near its projects.