CAPITAL MARKETS

Berkeley Energia becomes only listed miner in Spain

Just over a month since it moved from AIM to the London Stock Exchange’s main market, Berkeley Energia (ASX:BKY) is set to join 'bolsas' in Spain's biggest cities.

Staff reporter
Berkeley Energia is investing in Spain via the development of the Salamanca uranium project

Berkeley Energia is investing in Spain via the development of the Salamanca uranium project

The miner will complete its Spanish listing on July 18, when its shares will be admitted to trading on the Madrid, Valencia, Bilbao and Barcelona stock exchanges.

The aim of its move to the LSE main market and the Spanish listing was to increase the company's profile in Europe and open itself up to new investors. 

Berkeley Energia said the Spain listings showed its commitment to the country.

It is currently investing €250 million (US$293.1 million) in the Salamanca uranium project in western Spain.

Managing director Paul Atherley said the listing was a "key step forward as we progress with the Salamanca project, providing economic stimulus and creating badly needed jobs".

The company said previously that its ASX listing would remain unchanged and shares would be transferrable between all three stock exchanges.

Berekaley's shares closed at A78c (US58c) Monday, down 0.64% from the previous close.

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