Appointment of Joint Broker

RNS Number : 3208G

Bushveld Minerals Limited

01 March 2018

 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

1 March 2018

Bushveld Minerals Limited

("Bushveld Minerals" or the "Company")

Appointment of Joint Broker

Bushveld Minerals the AIM listed integrated vanadium producer with additional investments in coal, power and tin, is pleased to announce the appointment of a new joint broker, Alternative Resource Capital, a trading name of Shard Capital Partners LLP. 

Enquiries: [e-mail]

Bushveld Minerals	[phone]
Fortune Mojapelo, Chief Executive Officer
Chika Edeh, Head of Investor Relations
SP Angel Corporate Finance LLP	[phone]
Nominated Adviser & Joint Broker
Ewan Leggat Richard Morrison
Alternative Resource Capital
Joint Broker
Alex Wood Rob Collins	[phone] [phone]
Blytheweigh
Financial PR
Tim Blythe / Nick Elwes	[phone]
Gabriella von Ille	[phone]

ABOUT BUSHVELD MINERALS LIMITED

Bushveld Minerals is an AIM listed integrated vanadium producer with additional investments in coal, power and tin. 

The Company's flagship vanadium platform includes a 59.1% controlling interest in Bushveld Vametco Alloys (Pty) Ltd a primary vanadium mining and processing company; the Mokopane Vanadium Project and the Brits Vanadium Project. The coal platform comprises the wholly-owned Imaloto Coal Project, which is being developed as one of Madagascar's leading independent power producers. The Company's tin interests are held through its shareholding in AIM listed AfriTin Mining Limited.

Bushveld's vision is to become a significant, low cost, integrated primary vanadium producer through owned high grade assets. This incorporates development and promotion of the role of vanadium in the growing global energy storage market through Bushveld Energy, the Company's energy storage solutions provider. Whilst the demand for vanadium remains largely anchored in the steel industry, Bushveld Minerals believes there is strong potential for an imminent and significant global vanadium demand surge from the fast-growing energy storage market, particularly through the use and adoption of Vanadium Redox Flow Batteries.

The Company's approach to project development recognises that, whilst attractive project economics are imperative, they are insufficient to secure capital to bring them to account. A clear path to production within a visible timeframe, low capital expenditure requirements and scalability are important factors in ensuring a positive return on investment. This philosophy is core to the Company's strategy in developing projects.

Detailed information on the Company and progress to date can be accessed on the website: www.bushveldminerals.com.

 

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