PKF supports acquisition of Rome Resources Ltd and re-admission to AIM
We are delighted to have supported Pathfinder Minerals plc on their acquisition of Rome Resources Ltd. The acquisition constitutes a reverse takeover due to its size and we have supported in the required AIM re-admission process. Upon completion, the company will trade under the new name of “Rome Resources plc”.
Pathfinder Minerals plc has raised approximately £4.0 million (before expenses) through the issue of 1,333,333,330 Placing Shares at a price of 0.30 pence per new Ordinary Share.
Pathfinder Minerals plc is a natural resources company. Rome Resources Ltd is a Canadian-based exploration company with a focus on the Democratic Republic of the Congo.
“The management of Pathfinder are grateful for the support and expertise of the PKF Littlejohn team with our complex reverse takeover that involved Canadian, Congolese and UK jurisdictional matters combined with AIM re-admission and a fundraise. We look forward to continuing our relationship with PKF going forward as Rome Resources.”
Paul Barrett, CFO | Pathfinder Minerals plc
PKF acted as reporting accountant on the transaction and the Capital Markets team included Adam Humphreys, Sam Bradshaw and Martha Povoas.
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