By Robert Tyerman | Friday 29 May 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
AIM candidate European Lithium wants to attract retail investors to its planned £5 million float fundraising this summer to develop the Wolfsberg lithium project in Austria and tap into a market which mining consultant Roskill sees as growing by more than 10% a year. Private punters will be able to use online PrimaryBid platform provided by Darwin Strategic, part of the Henderson Global investment group, to buy shares in the company, which intends to finalise the pricing and other terms of the issue imminently, with VSA Capital as broker and ZAI Corporate Finance as AIM nominated adviser.
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