CAA Mining's listing is worth gold for the London Stock Exchange
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A Ghana-focused mining company plans to list on the London Stock Exchange's junior AIM market by the summer.
In a recent presentation in The Mail on Sunday, CAA Mining told investors it planned to float sometime between April and June.
The group, founded in 2018, is working on gold and lithium projects in the West African country.
Digging deep: Founded in 2018, CAA Mining is working on gold and lithium projects in the West African country of Ghana
Chief executive Douglas Chikohora previously worked at Cluff Resources, founded by British energy and mining veteran Algy Cluff.
It is not clear what valuation the company will receive, but it will likely be small.
However, if the group joins AIM, it will be a boost to the London market after a lack of IPOs in 2023 and a series of major companies rejecting the City or moving their primary listing to New York.