Appointment of broker

RNS Number : 2606C

Tharisa PLC

27 June 2016

 

Tharisa plc
(Incorporated in the Republic of Cyprus with limited liability)
(Registration number HE223412)
JSE share code: THA

LSE share code: THS
ISIN: CY0103562118
(Tharisa or the Company)

APPOINTMENT OF JOINT BROKER

Tharisa, the dual-listed platinum group metals and chrome co-producer, is pleased to announce the appointment of BMO Capital Markets Limited as joint broker to the Company, alongside Peel Hunt LLP, with immediate effect.

Commenting on today's announcement, Phoevos Pouroulis, Chief Executive Officer of Tharisa said: "Following Tharisa's successful listing on the main board of the London Stock Exchange on June 8, we have continued to strengthen our ability to engage with, and attract international investors. We are confident that by working with BMO Capital Markets, a leading advisor to resources businesses globally, we will further our growth strategy and gain further recognition for Tharisa's status as a quality mid-cap mining company."       

By order of the Board

Paphos, Cyprus

27 June 2016

For further information, contact:

Tharisa plc Sherilee Lakmidas	[e-mail] [phone]
BMO Capital Markets Limited Jeffrey Couch/Neil Haycock/Thomas Rider	[phone]
Peel Hunt Matthew Armitt/Ross Allister	[phone]
Bell Pottinger Daniel Thöle/Anna Legge	[phone]

About Tharisa

Tharisa is an integrated resources group incorporating mining, processing, beneficiation, marketing, sales and logistics of platinum group metals ('PGMs') and chrome concentrates. The Company's primary asset, the Tharisa Mine, which is located on the south western limb of South Africa's Bushveld Complex, has an estimated open pit life-of-mine of approximately 20 years, and a further estimated underground life of mine of approximately 40 years.

The Tharisa Mine's processing facilities have a nameplate design capacity for processing a total of 400 ktpm of ROM ore.

The group's strategy is to become a global natural resources company focused on originating, developing and operating mines in the PGM, chrome and steel raw materials sectors.

 

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