Wednesday, 20th September 2006 (2833 views)

Australian mining company Indo Gold has issued a statement saying it plans to list on the Alternative Investment Market (AIM) of the London stock exchange before the end of the year, Mining Journal reports.

The Brisbane-based corporation has also announced its Nominated Advisor (Nomad) for the process, RFC Corporate Finance, in a sign that the move is not far away.

Michael Higgins, Indo Gold's managing director, said he was "delighted" with the appointment of RFC.

"They have an admirable track record for taking mineral resource companies to the AIM," he commented, noting the fact that RFC have a corporate office in Sydney, Australia would be "one great advantage".

RFC are headquartered in London but their RFC Corporate Finance branch has a history of dealing with Australian companies and bringing them to the London AIM. In April 2002, RFC Corporate Finance became the first Australian-based approved Nomad for the AIM.

 

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