CORPORATE LAW

DMH Stallard’s London office has acted for First Equity Limited on the IPO of First Class Metals PLC

DMH Stallard’s London office has acted for First Equity Limited, the broker, on the IPO of First Class Metals PLC. First Class Metals PLC was admitted on 29 July 2022 to the Standard Segment of the Financial Conduct Authority’s Official List and the London Stock Exchange’s Main Market, under the ticker ‘FCM’.

First Class Metals PLC is a mineral exploration company with seven gold, base and battery metal exploration opportunities in Ontario, Canada, including the flagship North Hemlo project.

The IPO raised £1.13 million at 10p per ordinary share, with a market capitalisation of £6.56 million.

The DMH Stallard team, which was led by Chris Simmons and included Nuria Ashmore Barrios, advised First Equity Limited, the broker, on all aspects related to the listing and liaised with the Financial Conduct Authority and the London Stock Exchange.

About the authors


about the author img

Chris Simmons

Partner

Expert in equity capital markets, mergers and acquisitions, private equity, project finance and reorganisations.

Stay connected, sign up for updates

Stay connected

Recent articles

Insights

New UK Listing Rules to come into effect on 29 July 2024

The Financial Conduct Authority (FCA) has published the final form of its new listing rules.

12/07/2024

Insights

DMH Stallard advises Allenby Capital on £1.14m fundraising

DMH Stallard LLP has advised Allenby Capital Limited (Allenby) on its role as Nominated Adviser and Broker to Tribe Technology PLC (Tribe) in a £1.14m fundraising.

27/06/2024

Insights

Leadership must prioritise modern slavery – a call to action for businesses

Modern slavery is a critical issue that impacts millions globally, manifesting in forms such as forced labour, debt bondage, human trafficking, and child exploitation.

24/06/2024

Insights

Five reasons why your company should have a Shareholders’ Agreement

Kay Miles illustrates why having a shareholders' agreement can be invaluable in protecting shareholders and ensuring the smooth running of the business.

10/06/2024