Edwin Coe advised Kendrick Resources Plc with a team including Russel Shear (Picture – Equity Capital Markets).
Kendrick Resources Plc has been admitted to the main market of the London Stock Exchange (LSE), achieving a £3.25 million fundraising at 3.5p per share.
Kendrick Resources Plc is a London-based mineral exploration and development company with projects primarily based across Scandinavia (in Finland and Sweden with an option over 3 projects in Norway). The company explores the opportunities within the natural resources sector with a focus on battery, base, and precious metals notably vanadium and nickel. The proceeds of the transaction will be used to undertake further exploration and development projects, along with funding ongoing operating costs.
The Edwin Coe team was led by Head of Corporate & Commercial Russel Shear (Picture) along with Associate Dana Eyre.
Law Firms: Edwin Coe;
Clients: Kendrick Resources Plc;