The company, led by Ippolito Ingo Cattaneo and his father Andrea Cattaneo, intends to secure licenses for the Novazza and Val Vedello deposits. These sites were first identified in 1912, with exploration efforts peaking during the 1950s before environmental fallout from the Chornobyl disaster halted operations in the 1980s.
Reveille Resources argues that the current push for small modular reactor technology creates a viable path to reopen these long-dormant sites. The Cattaneos will retain a 20 percent stake in the firm following the public listing. Financing for the venture includes backing from New Jersey-based Yorkville Advisors Global, which has previously invested in energy-sector entities like the London-listed Fermi. Admission to the Aquis exchange is expected this Thursday.
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