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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.625 | 0.60 | 0.65 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Minrls,earths-ground,treated | 151.18M | -38.97M | -0.0166 | -0.37 | 14.53M |
TIDMBMN
RNS Number : 4035K
Bushveld Minerals Limited
13 December 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.
13 December 2018
Bushveld Minerals Limited
("Bushveld Minerals" or the "Company")
Appointment of Joint Broker
Bushveld Minerals Limited (AIM: BMN), the AIM listed, integrated primary vanadium producer, with ownership of high grade vanadium assets, is pleased to announce the appointment of BMO Capital Markets Limited as joint corporate broker to the Company with immediate effect, to act alongside SP Angel Corporate Finance LLP, who remains the Company's nominated adviser and joint corporate broker, and Alternative Resource Capital, who remains joint corporate broker.
Enquiries: info@bushveldminerals.com
+27 (0) 11 268 Bushveld Minerals Limited 6555 Fortune Mojapelo, Chief Executive Officer Chika Edeh, Head of Investor Relations SP Angel Corporate Finance Nominated Adviser +44 (0) 20 3470 LLP & Broker 0470 Ewan Leggat / Richard Morrison Jonathan Williams / Richard Parlons Alternative Resource Capital Joint Broker +44 (0) 20 7186 Rob Collins 9001 +44 (0) 20 7186 Alex Wood 9004 +44 (0) 20 7236 BMO Capital Markets Limited Joint Broker 1010 Jeffrey Couch / Tom Rider Michael Rechsteiner / Neil Elliot +44 (0) 20 7920 Tavistock Financial PR 3150 +44 (0)7977 297 Charles Vivian 903 +44 (0)7785 974 Gareth Tredway 264 Financial PR (South +27 (0) 711 121 Lifa Communications Africa) 907 Gabriella von Ille
About Bushveld Minerals Limited
Bushveld Minerals is a low cost, integrated, primary vanadium producer, with ownership of high grade vanadium assets.
The Company's flagship vanadium platform includes a 74% controlling interest in Bushveld Vametco Alloys (Pty) Ltd a primary vanadium mining and processing company; the Mokopane Vanadium Project and the Brits Vanadium Project.
Bushveld's vision is to become a significant, low cost, integrated primary vanadium producer through owning 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 project developer and component manufacturer. 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.
While the Company's focus is on the vanadium operations and the development and promotion of VRFBs it has additional investments in coal, power and tin.
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.
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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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(END) Dow Jones Newswires
December 13, 2018 05:49 ET (10:49 GMT)
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