The
information contained within this announcement is deemed by the
Company to constitute inside information as stipulated under
the UK Market Abuse Regulation.
9 May
2024
Pathfinder Minerals
plc
("Pathfinder" or
the "Company")
Appointment of OAK Securities
as Joint Broker
Pathfinder Minerals PLC (AIM:PFP),
an AIM Rule 15 cash shell, is pleased to announce the appointment
of OAK Securities ("OAK
Securities" or "OAK") as Joint Broker to the Company
with immediate effect.
We are further pleased to announce
that the principals of OAK Securities have also indicated that they
will make a cornerstone investment of at least £300,000 in any
fundraise contemplated in conjunction with the proposed acquisition
of the entire issued share capital and to be issued share capital
of Rome Resources Ltd ("Rome Resources") and the subsequent
re-admission of the enlarged group to trading on AIM (the
"Proposed Transaction"), as
originally announced on 29 November 2023.
Paul Barrett, Executive Director of Pathfinder Minerals Plc
commented:
"We are delighted to have OAK on board as a Joint Broker and
potential cornerstone investor to the Proposed Transaction. OAK's
team has extensive experience in corporate broking and raising
capital in the natural resources sector."
Jerry Keen, Head of Corporate Broking at OAK Securities
commented:
We
are very excited to work with Pathfinder Minerals and Rome
Resources to support the Proposed Transaction. We are particularly
impressed by the caliber of the founders and management of Rome,
who are behind a number of the most successful mining projects in
the DRC including Alphamin, the World's highest grade tin mine
which sits just 8km away."
Enquiries:
Pathfinder Minerals Plc
Paul Barrett, Executive
Director
Tel. +44 (0)20 3143 6748
Allenby Capital Limited (Nominated Adviser and
Broker)
John Depasquale / Vivek Bhardwaj /
Lauren Wright (Corporate Finance)
Stefano Aquilino / Joscelin
Pinnington (Sales & Corporate Broking)
Tel. +44 (0)20 3328 5656
OAK
Securities (Joint Broker)
Jerry Keen, Head of Corporate
Broking (jerry.keen@oak-securities.com)
Henry Clarke, Head of Sales
(henry.clarke@oak-securities.com)
Tel. +44 (0)20 3973 3678
OAK Securities is a trading name of
Merlin Partners LLP. Merlin Partners LLP is authorised and
regulated by the Financial Conduct Authority (Reference Number:
449191). Merlin Partners LLP is registered in England and Wales
(Registered Partnership Number: OC317265).