Tomahawk Metals raises £140,000 and names new Aquis adviser
What's the deal? Tomahawk MetalsDealroom has a profile for this one. Try Dealroom →, listed on the Aquis Stock Exchange Growth MarketDealroom has a profile for this one. Try Dealroom →, has raised £137,000 before costs through a share placing and subscription. It issued 3,700,000 placing shares and 10,000,000 subscription shares, both at £0.01 each.
Who's backing it? Dark Horse Family Office Limited subscribed for £75,000 of the new shares. The firm is one-third owned by Brian Stockbridge, chief executive officer of First Sentinel Corporate FinanceDealroom has a profile for this one. Try Dealroom →, whose sole director he is.
The adviser switch: Alongside the raise, Tomahawk appointed First Sentinel Corporate Finance as its Aquis Corporate Adviser with immediate effect. The company flagged Dark Horse's subscription "for the purposes of transparency," given the connection to First Sentinel's chief executive.
What about the warrants? Tomahawk will also grant 14,333,332 warrants to investors from its previous £215,000 round, following an announcement on April 20, 2026. The warrants vest immediately, run for one year, and are exercisable at 1 pence per share.
What's next? The company will seek admission for the 13,700,000 new shares on the Access segment of the Aquis market, with dealings expected to begin at 8:00 BST on September 29, 2026. Following admission, Tomahawk will have 95,796,009 shares in issue.
The signal: The small raise, paired with an adviser change funded partly by that adviser's own chief executive, underscores how tightly capital and counsel can intertwine on junior growth markets like Aquis.
Read more: investegate.co.uk
Image credit: Chilanga Cement
