Reveille Resources Plc has announced an updated application for admission to the AQSE Growth Market, with dealings scheduled to begin on Tuesday, 7th July 2026.
The company is focused on identifying and advancing uranium exploration opportunities, initially targeting historical deposits in Europe that have benefited from significant previous expenditure and technical work but have yet to be fully developed under modern reporting standards.
Reveille’s initial focus is on the Novazza and Val Vedello uranium deposits in Lombardy, northern Italy. Licence applications for both projects were submitted in 2025 and are held through the company’s Italian subsidiary, Futuro Energetico Italiano Srl.
The projects have a long exploration history. Uranium mineralisation in north-west Italy was identified as early as 1912, with more substantial exploration beginning in the 1950s under AGIP Nucleare, a subsidiary of Eni, during Italy’s national nuclear energy programme. Novazza was discovered in 1959, while Val Vedello was identified in 1975.
Underground development took place at both sites during the late 1970s before work ceased in 1979. Exploration continued into the 1980s but was ultimately halted following local environmental and safety concerns and Italy’s post-Chernobyl 1987 referendum.
Reveille said renewed interest in nuclear energy, energy security and western-aligned sources of critical minerals provides a supportive backdrop for its strategy. The company also highlighted growing European interest in small modular reactor technologies and the role of nuclear power as a low-carbon baseload energy source.
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On admission, Reveille Resources will have 79,900,000 ordinary shares of 1 pence each in issue, with 23.88% held in public hands. Allenby Capital Limited is acting as AQSE corporate adviser.
Post-admission, Zenith Energy Ltd. will hold 25.26% of the company, followed by Ajax Resources Plc with 15.02%, YA II PN Ltd. with 12.52%, and Andrea Cattaneo and Ippolito Cattaneo each holding 10.41%.
The four pre-admission shareholders — Andrea Cattaneo, Ippolito Cattaneo, Ajax Resources Plc and Zenith Energy Ltd. — together with proposed independent non-executive director Antonio Barani, will be subject to a one-year lock-in and a further one-year orderly market agreement.
Reveille will be subject to the UK Takeover Code, with settlement of transactions expected through CREST.
