Chesterfield Resources Plc – Publication of Prospectus

22 August 2017

Chesterfield Resources plc, a special purpose acquisition company focused on opportunities in the mining sector, is pleased to announce the publication of its prospectus dated 22 August 2017 (the “Prospectus”) in connection with the proposed admission of its entire issued and to be issued ordinary share capital (the “Ordinary Shares”) to the Standard Listed segment of the Official List of the UK Listing Authority and to trading on the Main Market of the London Stock Exchange (“Admission”).


It is expected that Admission will become effective and that dealings in the Ordinary Shares will commence at 8.00 a.m. on 29 August 2017 with the TIDM CHF.


The Prospectus has been approved by the UK Listing Authority and submitted to the National Storage Mechanism and will shortly be available at and at



For further information contact:


Chesterfield Resources plc:
Christopher Hall, Non-Executive Chairman Tel: +44(0)7773 427726
Peter Damouni, Non-Executive Director Tel: +44(0)7771 787788

Shard Capital (Broker):

Damon Heath Tel: +44(0)20 7186 9952
Erik Woolgar Tel: +44(0)20 7186 9964



Notes to Editors:


Chesterfield Resources plc (“Chesterfield” or the “Company”), whose ordinary shares are expected to be admitted to the Official List and to trading on the Main Market London Stock Exchange on 29 August 2017 (TIDM: CHF), is a special purpose acquisition company focused on opportunities in the mining sector.


The Company will primarily be focused on acquiring a company, business or asset (the “Acquisition”) that has operations in the exchange traded non-ferrous metals mining segment within the European geographic region. Chesterfield expects that the Acquisition is likely to be valued at up to £20 million, although larger opportunities may be considered. The Company will aim to acquire all or the substantial majority of the Acquisition and become a trading business, rather than an investment entity. Chesterfield intends to use the Acquisition as a cornerstone to build a substantial group within the sector, growing organically and by further acquisition.


The directors of the Company have wide-ranging experience working for and/or advising businesses operating within the natural resources sector and an extensive network of relationships to reach the key decision-makers and owners of potential targets in the sector.


Chesterfield intends to identify and acquire a company, business or asset where the existing owners are attracted to the Chesterfield proposition, namely the opportunity to sell for cash or hold an ownership interest in a London listed company with cash, access to capital markets and the know-how to unlock the value of their resource assets.


Chesterfield has considerable flexibility in how it would be able to finance the consideration for the Acquisition, which may include a proportion of the Company’s cash resources together with the potential to incur indebtedness and/or to issue additional shares, whether to raise additional cash or as transaction consideration.


For more information about the Company, please visit




This information is provided by RNS

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