Main to AIM: Anglesey Mining seeks flexibility

Anglesey Mining (LON: AYM) has made the switch from the Main Market to AIM. Anglesey Mining has been listed since May 1988, but management believes AIM is a more suitable market because it will provide greater flexibility for transactions and potential tax benefits.

The company’s main asset is the 100%-owned Parys Mountain copper lead zinc deposit in Anglesey, north Wales. Drilling is ongoing and further environmental work is required to obtain permits for restarting operations.

Four of t...

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