July 20, 2020 / 7:38 AM / in 25 days

Canada's Yamana Gold in advanced stages of its London listing

FILE PHOTO: Visitors to the Yamana Gold mining company booth speak with representatives during the Prospectors and Developers Association of Canada (PDAC) annual convention in Toronto, Ontario, Canada March 4, 2019. REUTERS/Chris Helgren

(Reuters) - Precious metals company Yamana Gold Inc (YRI.TO) is in advanced stages of its London Stock Exchange (LSE) listing, the Canadian company said on Monday.

Yamana, which is already listed in New York and Toronto said it does not intend to raise equity capital along with the LSE listing.

The company expects to starts trading in LSE’s Main Market in the next few months.

Memery Crystal LLP is Yamana’s legal advsier and Velocity Trade Capital Ltd is its financial adviser, and the company has started the process of appointing UK corporate brokers.

Reporting by Radhika Anilkumar in Bengaluru; Editing by Vinay Dwivedi

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