DCSX has approved the technical listing of 6,000,000 shares (issued & outstanding) of Capricorn Mining PLC (CAPRM-UK), the LAD is Amergeris Global Listing & Exchange Services 

The Company was incorporated with limited liability under the laws of England and Wales on 20th June 2018 with registered number 11424115 as a public company limited by shares under the Companies Act 2006. It is domiciled in the United Kingdom and is subject to the City Code.

The Company has been formed for the purpose of acquiring a target company or business or asset(s) that has operations in the mineral exploration and production sector. The Company does not have any specific acquisition under consideration at present and does not expect to engage in substantive negotiations with any target company or business until after Admission.

Following the completion of an acquisition, it is likely that the Acquisition would be treated as a Reverse-Takeover and application for the enlarged group would be required to have its shares admitted to the Official List and trading on the Stock Exchanges.
The Company’s determinations in identifying a prospective target company or acquisition in the mineral sector will not be limited to a specific geographic region.
Chief executive Fred Leigh has a successful track record in raising capital and operating within the mineral sector in the United States of America and parts of the European Union. Mr. Leigh is the Person of Significant Control (“PSC”) in accordance with Part 21A of the Companies Act 2006.

The Company has developed three basic tenets that define its current view on the business strategy and its execution:
• Acquire producing mineral assets from companies that may wish to disinvest due to internal financial constraints
• Secure significant acreage farm-outs from independent and larger minerals companies
• Generate mineral projects internally.
However, it is possible the Board may consider acquisitions that do not conform to the above framework. It is likely that initial targets will be situated in the United States of America and/or parts of the European Union and/or any other part of the world.

Further details about the business refer to the Prospectus (Information Memorandum).