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BMN Bushveld Minerals Limited

1.25
0.05 (4.17%)
Last Updated: 10:36:03
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bushveld Minerals Limited LSE:BMN London Ordinary Share GG00B4TM3943 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 4.17% 1.25 1.20 1.30 1.25 1.175 1.20 4,289,748 10:36:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Minrls,earths-ground,treated 151.18M -38.97M -0.0166 -0.75 29.29M

Bushveld Minerals Limited Appointment of Joint Broker (3208G)

01/03/2018 7:02am

UK Regulatory


Bushveld Minerals (LSE:BMN)
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TIDMBMN

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: info@bushveldminerals.com

 
Bushveld Minerals                +27 (0) 11 268 6555 
Fortune Mojapelo, Chief 
 Executive Officer 
Chika Edeh, Head of Investor 
 Relations 
 
SP Angel Corporate Finance 
 LLP                            +44 (0) 20 3470 0470 
Nominated Adviser & Joint 
 Broker 
Ewan Leggat 
 Richard Morrison 
 
Alternative Resource 
 Capital 
Joint Broker 
Alex Wood                       +44 (0) 207 186 9004 
 Rob Collins                    +44 (0) 207 186 9001 
 
Blytheweigh 
Financial PR 
Tim Blythe / Nick Elwes         +44 (0) 20 7138 3204 
Gabriella von Ille               +27 (0) 711 121 907 
 

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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 01, 2018 02:02 ET (07:02 GMT)

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