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First Development Resources (FDR) is a UK based, Australian focused exploration company with mineral interest in three prospective copper-gold projects located in Western Australia (WA) and one rare-earth element (REE), uranium, lithium and gold project located in Australia’s Northern Territory.

FDR owns three highly prospective copper-gold projects – Wallal, Ripon Hills & Braeside West – in the Paterson Province of mining friendly Western Australia.

In the Northern Territory, FDR has 100% ownership of the Selta Project. Selta is located in an area considered highly prospective for uranium and rare-earth element mineralisation.

The Company’s largest shareholder is Power Metal Resources – An AIM listed exploration Company with a global project portfolio.

Admission to trading on AIM

On 29th July 2025, admission and the first day of dealings commenced by way of a fundraising for 34,482,759 Ordinary Shares at 6.67 pence each.

The Perivan shareholder communications team was delighted to work with Beaumont Cornish who acted as Nominated Adviser and Druces who acted as Solicitor to FDR on the production   of the 365-page admission document which included the provision of the Engage data room platform which was utilised for the secure proof distribution and proved to be invaluable for the seamless file sharing of the 126-page Competent Persons Report.

For further information, click here.

Perivan is the market leader for IPO admission document production and specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies, private companies, and open and closed-ended funds.