Appointment of nominated adviser

RNS Number : 3318S

Bushveld Minerals Limited

02 October 2017

 

2 October 2017

Bushveld Minerals Limited

("Bushveld" or the "Company")

Appointment of nominated adviser

Bushveld Minerals is pleased to announce the appointment of SP Angel Corporate Finance LLP ("SP Angel") as the Company's nominated adviser with immediate effect. The Company's joint brokers remain SP Angel and Beaufort Securities.

Enquiries: [e-mail]

Bushveld Minerals

Fortune Mojapelo                                                                       [phone]

Beaufort Securities

Jon Belliss                                                                                [phone]

SP Angel Corporate Finance

Ewan Leggat                                                                             [phone]

Blytheweigh

Tim Blythe / Camila Horsfall                                                        [phone]

Gabriella von llle                                                                         [phone]

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 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 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

 

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