6th Mar 2025 14:54
Oneiro Energy PLC - special purpose acquisition company focused on energy transition sector - Strikes deal to acquire Switch Metals Cote d'Ivoire Sarl, a battery and technology metals explorer in Ivory Coast. Switch Metals has three core projects in the country, Issia, Tiassale and Bouake, plus two additional projects, Touba and Sakassou. Oneiro Energy will move its listing to AIM from the London Main Market. As part its AIM listing, expected to occur on April 3, Oneiro will look to raise GBP2 million from the issue of shares at 7.5 pence each. This will give the enlarged company, to be renamed Switch Metals PLC, a GBP8.8 million market capitalisation.
Current stock price: 10.10p
12-month change: up 1.0%
By Tom Waite, Alliance News editor
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