MMM is Finalising Acquisition of Georgina Energy
- AKAP
- Jul 19, 2024
- 1 min read
Updated: Jul 26, 2024
In a recent interview, Tony Hamilton, CEO of Georgina Energy, discussed the company's upcoming re-admission to the London Stock Exchange on 30th July under the ticker GEX, facilitated by a reverse takeover (RTO) by Mining Minerals & Metals (MMM). Georgina Energy, an explorer with assets in Western Australia and the Northern Territory, raised £5mm for the RTO process. Hamilton highlighted the company's preparations for drilling, including reprocessing seismic data, conducting aerial surveys and securing land access agreements. The company plans to re-enter and deepen an existing well in Dec'24, to explore for helium, hydrogen, and natural gas. This is Georgina's third try to list in London after its failed attempts in Jul'22 and Oct'22.