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Serval Resources has officially commenced trading on London’s AIM market under the ticker SRVL, raising £3 million to fund copper exploration in Namibia and Botswana following its acquisition of Kalahari Copper. In a separate development within the African mining sector, Premier African Minerals (PREM) raised £1 million through a discounted share placing at 0.0136p. This capital raise triggered an 11% drop in PREM shares, leaving the company with a modest market valuation of just £3.4 million. The contrasting fortunes highlight the volatility for junior miners on the London exchange, as Serval seeks growth while Premier faces significant dilutionary pressure. Both companies remain focused on navigating the capital requirements necessary to tap into the global green energy transition.
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