Trident Resources lists on Aim


Trident Resources lists on Aim

Trident Resources PLC (LON:TRR) has listed on Aim.

The company will shortly change its name to Trident Royalties PLC, and will embark on a strategy of building a new, growth-focused mining royalty and streaming company.

The listing follows a placing that raised £16mln from the issue of 80mln shares at 20p.

Long-term, it’s intended that Trident’s royalty portfolio will mirror the global mining sector, with a bias towards production or near-production assets.

The company’s shareholder base includes leading institutional investors such as LIM Asia Special Situations Master fund, Regal Funds Management, Tribeca Investment Partners and Terra Capital Natural Resources Fund.

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