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Reveille Resources to List on Aquis Exchange with Focus on Italian Uranium Deposits
Reveille Resources will join London’s Aquis exchange this week to focus on two historic uranium sites in Lombardy. Licence applications for the deposits were filed last year.
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Reveille Resources plans to list on London’s Aquis exchange as soon as this week, with admission expected on Thursday, OilPrice.com reported. The company will be operated by Ippolito Ingo Cattaneo alongside his father, Andrea Cattaneo. The firm’s initial focus will be the Novazza and Val Vedello uranium deposits in Lombardy, northern Italy.
Licence applications for the sites were submitted last year. Evidence of uranium at the locations was first identified in 1912, with exploration beginning in the 1950s as part of Italy’s early nuclear energy programme. Work was suspended in the 1980s after the Chornobyl disaster.
The Cattaneos are set to own around one-fifth of Reveille Resources after the float. Other mining companies they are involved in will also hold shares. New Jersey-based Yorkville Advisors Global will participate in the offering; the firm has financed other energy companies, including London-listed Fermi.
Reveille Resources said renewed interest in nuclear energy, particularly small modular reactors, and efforts to secure domestic sources of critical minerals are driving the project.
