---
title: "Atomic Metals joins Aquis after raising £2.34m for critical minerals exploration"
publisher: "Share Talk"
author: "sharetalk"
published: "2026-11-12T08:06:16+00:00"
modified: "2026-11-12T08:06:16+00:00"
date: 2026-11-12
canonical: "https://www.share-talk.com/atomic-metals-joins-aquis-after-raising-2-34m-for-critical-minerals-exploration/"
category: "Mining"
categories: ["Mining"]
tags: ["AQUIS Stock Exchange", "ATO", "Atomic Metals Plc", "Paul Johnson"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/11/ea12053a-09b8-49bb-b244-0f2e3bc40a2f.png?fit=1727%2C911&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# Atomic Metals joins Aquis after raising £2.34m for critical minerals exploration

**Published:** November 12, 2026
**Author:** sharetalk
**Categories:** Mining
**Tags:** AQUIS Stock Exchange, ATO, Atomic Metals Plc, Paul Johnson
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/11/ea12053a-09b8-49bb-b244-0f2e3bc40a2f.png?fit=1727%2C911&quality=80&ssl=1)

---

[Atomic Metals plc (AQSE: ATO)](https://www.londonstockexchange.com/en/news/article/admission-to-aquis-and-first-day-of-dealings/347f-98-bd-a6-b9-47599a) has commenced trading on the Aquis Stock Exchange Growth Market today, 12 November 2026, following a successful fundraising of approximately £2.34 million to support its strategy of acquiring and developing critical and precious metals exploration projects.

The company has been admitted to the **Access Segment of the AQSE Growth Market** as an Enterprise Company, with dealings beginning at **8am under the ticker ATO**.

**Atomic Metals enters the public market with an expected market capitalisation of £3.25 million**, based on an issue price of 3p per share and an enlarged share capital of 108,199,990 ordinary shares.

The fundraising comprises [£698,250 raised at 2.25p per share through a pre-IPO financing](https://www.share-talk.com/atomic-metals-targets-12th-november-listing-after-2-34m-raise/)completed earlier this year, alongside **£1.64 million raised at 3p per share** through a placing and subscription associated with admission.

The IPO fundraising involved the issue of **54,666,666 new ordinary shares**, representing approximately **50.5% of the company’s enlarged share capital**.

**Approximately 71.8% of Atomic Metals’ shares will be in public hands**, providing an initial free float for trading on Aquis.

The company also confirmed that **143,549,985 warrants over ordinary shares will be outstanding on admission**. If all warrants were exercised, the total share capital would increase to **251,749,975 shares**, representing potential future dilution for existing shareholders.

Atomic Metals intends to establish a portfolio of exploration and development projects focused on strategically important commodities, particularly **uranium, copper, silver and gold**.

**The United States, Canada and Australia are expected to be priority jurisdictions**, although management retains flexibility to pursue attractive mineral opportunities in other established mining regions.

The company’s strategy is to identify and acquire prospective assets, undertake systematic exploration and advance projects with the potential to support commercially viable mineral production.

**Executive Chairman and Interim Chief Executive Officer Paul Johnson** brings more than 20 years of experience in corporate restructuring, refinancing and the creation of listed investment vehicles.

A chartered accountant, Johnson has held senior positions across companies listed on AIM, Aquis, the Toronto Stock Exchange and the Australian Securities Exchange.

He will lead Atomic Metals while the company searches for a permanent chief executive.

**The Board also includes four Non-Executive Directors**, providing experience across mining, geology, corporate finance and governance.

**Michael Billing**, a former senior executive at Thor Energy and Guardian Metal Resources, will oversee financial accounting matters, drawing on more than two decades of experience in the resources sector.

**Clarissa Sowemimo-Coker** will focus on legal and compliance matters, bringing experience in corporate governance, regulatory affairs and listed-company leadership.

**Nicole Galloway-Warland**, a qualified geologist and former Managing Director of Thor Energy, will contribute technical expertise in exploration and project development.

**Ed Shaw**, who also serves as a Non-Executive Director of Power Metal Resources, will support corporate finance and capital markets strategy.

**Beaumont Cornish Limited is acting as Aquis Corporate Adviser**, while First Equity Limited has been appointed as the company’s broker.

Johnson welcomed the successful admission, describing it as the foundation for Atomic Metals’ next stage of development.

He said the company’s ambition is to establish a resource exploration business capable of identifying significant mineral discoveries, supported by an experienced Board and a structure designed to facilitate acquisitions and future financing.

**The company’s immediate priority is identifying and securing suitable exploration projects**, rather than advancing an established producing asset.

Atomic Metals believes its new public listing and initial capital base will provide greater flexibility to negotiate acquisitions and fund exploration programmes tailored to individual opportunities.

However, **no specific completed project acquisition was announced alongside admission**, meaning the company’s future progress will depend on its ability to secure attractive assets and demonstrate their geological potential.

For investors, the **£2.34 million fundraising provides an initial financial platform**, while the experienced Board offers access to technical, commercial and capital markets expertise.

The substantial number of outstanding warrants is also an important consideration, as their future exercise could increase the issued share capital, although the exercise prices, expiry dates and likelihood of exercise will determine their eventual financial impact.

**Atomic Metals’ first day of dealings marks its transition into a publicly traded exploration investment company**, with the next milestones expected to centre on project acquisitions, exploration plans and the deployment of its newly raised capital.

**The company’s success will ultimately depend on converting its acquisition strategy into a portfolio of technically attractive mineral projects capable of delivering meaningful exploration results.**

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