Bushveld Minerals Limited APPOINTMENT OF JOINT BROKER (0054S)
16 December 2016 - 7:00AM
UK Regulatory
TIDMBMN
RNS Number : 0054S
Bushveld Minerals Limited
16 December 2016
16 December 2016
Bushveld Minerals Limited
("Bushveld" or "the Company")
APPOINTMENT OF JOINT BROKER
Bushveld Minerals Limited (AIM: BMN), a diversified mineral
development company with projects in South Africa and Madagascar
has appointed SP Angel Corporate Finance LLP as Joint Broker to the
Company with immediate effect.
Strand Hanson Limited remains the Company's Nominated Adviser
and Beaufort Securities Ltd remains the Company's Joint Broker.
Fortune Mojapelo, CEO of Bushveld Minerals, commented: "Bushveld
is pleased to have secured the services of SP Angel as joint broker
to complement the outstanding work Beaufort Securities has done to
date. We welcome SP Angel in line with our joint brokers policy as
we look forward to working with all our advisers in the new year to
continue to execute on the Company's strategy."
Enquiries: info@bushveldminerals.com
Bushveld Minerals
Fortune Mojapelo +27 (0) 11 268 6555
Joint Brokers:
Beaufort Securities
Jon Bellis +44 (0) 20 7382 8300
SP Angel Corporate Finance
Ewan Leggat +44 (0) 20 3470 0470
Strand Hanson (Nominated
Advisor)
Andrew Emmott +44 (0) 20 7409 3494
Blytheweigh (Financial
Public Relations)
Tim Blythe / Camila Horsfall
/ Nick Elwes +44 (0) 20 7138 3204
Gabriella von llle (South
Africa) +27 (0) 711 121 907
ABOUT BUSHVELD MINERALS LIMITED
Bushveld Minerals is a diversified AIM listed mineral
development company with a portfolio of vanadium, iron ore, tin and
coal greenfield assets in Southern Africa and Madagascar. The
Company's flagship platform, the vanadium platform, includes the
Mokopane Vanadium Project, the Brits Vanadium Project, and the
Bushveld Iron Ore & Titanium Project. The tin platform
comprises the Mokopane Tin Project whereas the Imaloto Coal
Project, which is being developed as one of Madagascar's leading
independent power producers, makes up the Company's coal
platform.
The Company's vision is to become the largest low cost
integrated primary vanadium producer through owned low-cost
high-grade assets. This includes the 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 a slow growing steel industry, Bushveld Minerals believes there
is a strong potential for imminent significant global vanadium
demand surge from the fast-growing energy storage market,
particularly through the use and adoption of Vanadium Redox Flow
Batteries.
Bushveld Minerals' 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 with a visible timeframe, low capex requirements
and scalability are important factors in retaining an attractive
exit option. 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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December 16, 2016 02:00 ET (07:00 GMT)