European Metals Holdings jumped more than 13% seemingly on confirmation its switch of domicile from the British Virgin Islands is progressing with the forms submitted for it to become an Australia-based company.
EMH also confirmed it would continue to be listed on AIM but as an Aussie company rather than one from the BVI.
In a quarterly trading update, EMH stated that cash at the end of March 2024 was A$5 million with a further A$1.4 million due from associate, Geomet, which is managing the Cinovec lithium project in the Czech Republic.
Shares rose 13% or 2.75p 23.25p.