11th Mar 2026 11:51
(Alliance News) - Halo Minerals PLC on Wednesday announced it intends to start trading on London's AIM Market in late March.
The London-based mineral development company focused on the evaluation and potential development of mineral assets highlighted its principal asset is the Playa Verde project, which comprises six mining concessions over an area of around 13.6 square kilometres of copper-bearing tailings in the Atacama region of northern Chile.
Halo Minerals said in March 2025, for USD7.5 million it bought Copper Bay Group through which the Playa Verde project is held. Halo Minerals added that it intends to reclaim and process the copper tailings in a purpose-built facility using low-cost conventional technologies to produce copper cathodes and a copper concentrate.
The firm said that its issue price per ordinary share is 18 pence.
Chief executive officer of the company is Andrew Dennan, chief financial officer is Francis Jackson and chief operating officer is Erick Pelagatti.
By Tom Budszus, Alliance News slot editor
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