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First Class Metals IPO's and starts trading on the LSE Main Market, hailing a conveyer belt of news


First Class Metals plc (FCM) holds 100% ownership of seven claim blocks covering over 180 square kilometers in Ontario.

It listed on the main board of the London Stock Exchange on Friday July 29th with investors backing the company's remit to explore for and unearth the many resources within the properties.

Chief executive Marc Sale says the business has a "whole box of dice" with gold, silver base metal and battery metal prospectivity in addition to rare earth metal anomalies.

Sale and his team didn't wait for the IPO to get to work. Field teams started exploration in May and further feathers in the cap of the freshly listed include joint venture partner Palladium One earning into First's Pickle Lake project.

The network surrounding the junior explorer is strong. The co-founders including Chairman have banking and investment credentials and exploration experience including major shareholder Paul Johnson, CEO of Power Metal Resources plc who spun his company's Ontario properties into First Class Metals.

Sale talks about a conveyor belt of news, but with the team, properties and financial strength, that's where the mining clichés end and the hard work begins.

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The London South East, Investing Matters Podcast, Episode 20, Alex Schlich, founder and managing director of Yellowstone Advisory

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