Serval Resources Plc - Capital Access Window - Trading Halt

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN (TOGETHER THIS "ANNOUNCEMENT") IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES OF AMERICA, AUSTRALIA, NEW ZEALAND, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION ("RESTRICTED JURISDICTION"). PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.

 

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATIONS (EU) NO. 596/2014 WHICH FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON THE PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

 

Serval Resources Plc

("Serval" or the "Company")

7 October 2026

 

Capital Access Window - Trading Halt

Serval Resources Plc (AIM: SRVL), a company focused on building an independent copper and future metals developer, is pleased to announce its intention to utilise AIM's new Capital Access Window rule in connection with a proposed fundraise ("Proposed Fundraise").

Intention to undertake the Proposed Fundraise

Since its admission to trading on AIM in April 2026, Serval has made significant progress across its key copper projects in Namibia and Botswana.

The Proposed Fundraise would supplement the Company's existing funds of circa £1.6 million and is expected to enable Serval to undertake a large-scale drilling programme on its mineral exploration licenses in Namibia's Kaoko Basin. Proceeds from the Proposed Fundraise would also allow the Company to conduct further exploration work on its projects located in Botswana's Kalahari Copper Belt, as well as providing the Company with additional working capital.

Use of AIM's Capital Access Window rule

Following the updates to the AIM Rules for Companies announced in August 2026, and to support the Proposed Fundraise, the Company will enter a Capital Access Window with effect from 7.30am BST today. This is a voluntary temporary pause in the trading of the Company's shares on AIM to make it easier to reach a broader range of investors, and to provide pricing stability, during a fundraise. If undertaken, the Company intends to include an offer to `retail' investors as part of the Proposed Fundraise. The Capital Access Window will remain in place until a further announcement is made detailing the results of the Proposed Fundraise.

 

Appointment of Advisers

The Company has engaged SP Angel Corporate Finance LLP, its existing Nominated Adviser and Broker, and Hannam & Partners (Advisory) Limited ("H&P") as joint brokers on the Proposed Fundraise. H&P has also been appointed to act as joint broker to the Company on an ongoing basis.

 

This announcement does not constitute an offer of securities in any jurisdiction. The Proposed Fundraise, if implemented, will be the subject of further announcements, which will include the material terms and conditions of the Proposed Fundraise.

 

 

Enquiries: 

 

 

 

About Serval Resources 

Serval Resources (AIM: SRVL) is an AIM-quoted explorer focused on copper and associated future metals critical to the global energy transition and digital economy. The Company is building a portfolio of exploration and development assets in the emerging copper belts of Namibia, Botswana and Côte d'Ivoire, aiming to become a leading mid-cap player by applying modern, systematic exploration techniques in underexplored but highly prospective African regions.

  

For further information, visit: 

• https://servalresources.com/    

• https://x.com/ServalResources  

• https://www.linkedin.com/company/serval-resources/  

 

Important Notice

S.P. Angel Corporate Finance LLP  ("SP Angel"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority ("FCA"), is acting exclusively for the Company as nominated adviser and no-one else in connection with the Proposed Fundraise and will not regard any other person as a client in relation to the Proposed Fundraise and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the Proposed Fundraise or any other matter referred to herein. Its responsibilities as nominated advisor to the Company are owed to the London Stock Exchange plc and are not owed to the Company or to any director or shareholder of the Company or any other person including, without limitation, in respect of any decision to acquire shares in reliance on any part of this Announcement.

 

H&P, which is authorised and regulated in the United Kingdom by the FCA, is acting as joint bookrunner to the Company in connection with the Proposed Fundraise and is not acting for, and will not be responsible to, any person other than the Company for providing the protections afforded to customers of H&P or for advising any other person on the arrangements described in this Announcement.

 

This Announcement or any part of it does not constitute or form part of any offer to issue or sell, or the solicitation of an offer to acquire, purchase or subscribe for, any securities in the United States, Australia, New Zealand, Canada, Japan, the Republic of South Africa or any other jurisdiction in which the same would be unlawful or to any person to whom it is unlawful to make such offer or solicitation. No public offering of the Company's securities is being made in any such jurisdiction. This Announcement does not constitute a recommendation concerning any investor's investment decision with respect to the Proposed Fundraising.

 

The securities referred to in this Announcement have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or under the securities laws of, or with any securities regulatory authority of, any state or other jurisdiction of the United States. Such securities may not be offered, sold, pledged, taken up, exercised, resold, transferred or delivered, directly or indirectly, in or into the United States except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the United States Securities Act and in compliance with any applicable securities laws of any state or any other jurisdiction of the United States.

 Certain statements contained in this Announcement constitute "forward-looking statements" with respect to the results, financial condition, performance, developments or achievements of the Company and its subsidiaries. Words such as "believes", "anticipates", "estimates", "expects", "intends", "plans", "aims", "potential", "may", "will", "would", "could", "considered", "likely", "estimate", "outlook" and variations of these words and similar future or conditional expressions, are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. These statements and forecasts are inherently predictive, speculative and involve risks and uncertainties and assumptions that could cause actual results, financial condition, performance, developments or achievements to differ materially from those expressed or implied by these forward-looking statements and forecasts. Many of these risks, uncertainties and assumptions relate to factors that are beyond the Company's ability to control, predict or estimate precisely. No representation or warranty is made, and no responsibility or liability is accepted, as to the achievement or reasonableness of, and no reliance should be placed on, such forward-looking statements. The forward-looking statements contained in this Announcement speak only as of the date of this Announcement. Each of the Company, SP Angel, H&P expressly disclaim any obligation or undertaking to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, unless required to do so by applicable law or regulation or London Stock Exchange plc.