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Druces advises SI Capital on Castillo Copper Limited’s £1.35m placing and admission

About SI Capital and Castillo Copper Limited

Druces’ Capital Markets team has advised SI Capital Limited (“SI”), in connection with Castillo Copper Limited’s (“Castillo”) admission to the standard segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange plc under the TIDM ‘CCZ’. Castillo is a base metal explorer primarily focused on copper across Australia and Zambia.

SI arranged the placing of 79,117,618 new Ordinary Shares at a price of 1.7 pence each, capitalising Castillo at £17.16 million and raising gross cash proceeds of £1,345,000.

Castillo is dual listed on the Australian Stock Exchange. The dual listing will support Castillo’s aim to transform the business into a mid-tier copper producer.

Our team

Druces Capital Markets Partner, Stephen Ronaldson, led the Druces’ team which included Jack Kemmish (Senior Associate) and Mark Lamph (Solicitor).

Further information

For further information on Castillo Copper Limited’s placing and admission, please click here.