03/11/2011 - 13:10

Wolf pursues London listing

03/11/2011 - 13:10

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Wolf pursues London listing

Perth-based minerals explorer Wolf Minerals says it will list on the Alternative Investment Market of the London Stock Exchange.

Wolf, which is developing the Hemerdon tungsten and tin project in Devon in the UK, expects to be admitted to the AIM from November 30.

Managing director Humphrey Hale said after delivering a definitive feasibility study for Hemerdon earlier this year, a London listing was a logical step.

“Wolf is committed to developing the project as a major mine in the south-west of England, and also contributing to the rejuvenation of mining in the country as a whole,” Mr Hale said in a statement.

“We look forward to sharing our success with investors whilst simultaneously enjoying the benefits of UK capital market access.”

At 1:00PM WST Wolf Minerals shares had gained 1.5 cents, to trade at 27 cents.

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