Castillo Copper races to a premium

Mining companies quoted in Australia and Toronto are seeing the London market as an attractive source of funds and seeking a dual quotation. The latest is Castillo Copper (LON: CCZ) and the share price has already gone to a significant premium since it joined the standard list on 4 August.

Castillo raised £1.3m at 1.7p a share and the share price ended the week at 2.45p (2.2p/2.7p).

The original Castillo projects in Chile have been relinquished and it has two Australian opportunities and a...

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Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.