Client NewsSovereign Metals Limited: Placement to UK Investors
Sovereign Metals Limited (Sovereign or the Company) (ASX:SVM, AIM:SVML) is pleased to announce that it has successfully completed a bookbuild and secured commitments for gross
proceeds of £1 million (~A$1.9 million) from UK investors following its recent listing on the AIM market of the London Stock Exchange (Placement).
The Placement will enhance the Company’s shareholder base on the AIM market with the net proceeds to be used for further exploration activities in 2022 at Sovereign’s
globally significant Kasiya Rutile Project (Kasiya or the Project).
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