By: Creamer media

This reflects the strategic shift of the business onto copper and associated metals central to the energy transition and the rapidly expanding digital economy.

The company plans to officially change its name to Serval Resources in due course, subject to shareholder approval. This will be effected at the same time as the company’s planned transition to the LSE's Aim market.

“This change in corporate identity fits with the company’s strategic direction to become a leading mid-cap copper and future metals explorer and developer. Our strategy is to prove up a substantial resource base and develop new sources of sustainable copper in order to alleviate the major shortfall in supply forecast in coming years,” says Serval CEO Robin Birchall.

“Like our namesake, the Serval cat, we aim to be an exceptional hunter in some of Africa’s most prospective regions for new copper discoveries, namely the emerging copper belts of Namibia, Botswana and Côte d’Ivoire. These regions are relatively under-explored in contrast to their prospectivity and we believe that modern and systematic exploration techniques can unlock their huge potential,” he adds.