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Weatherly Int. (WTI)

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Wednesday 07 March, 2018

Weatherly Int.

Change of Adviser

RNS Number : 8960G
Weatherly International PLC
07 March 2018

7 March 2018

Weatherly International Plc

("Weatherly" or "the Company")

Change of Adviser

Weatherly International Plc ("Weatherly" or the "Company") announces the appointment of Strand Hanson Limited as Nominated Advisor and Broker to the Company with immediate effect.

For further information please contact:

Craig Thomas, Chief Executive Officer

Kevin Ellis, CFO and Company Secretary

Weatherly International plc 

Tel: +44 (0) 1707 800 774


Rory Murphy

James Dance

Jack Botros

Strand Hanson Limited

Tel: +44 (0) 20 7409 3494


About Weatherly

Weatherly is an AIM listed copper mining company operating in Namibia in southern Africa. Its principal assets are the Tschudi Mine and the Otjihase Project.  The Tschudi Mine is an operating open pit mine producing refined copper cathode on site.  The key assets of the Otjihase Project are the Otjihase underground copper mine and concentrator and the Matchless West underground copper mine.  The Otjihase Project assets are currently under care & maintenance while in the Project Development stage.  Weatherly also owns 25% of China Africa Resources Namibia (CARN), a private Namibian company which owns the high-grade Berg Aukas underground zinc-lead-vanadium project. On 5 February 2018 it announced that it had signed an agreement to purchase a further 65% of CARN subject to regulatory approval.  On 12 December 2017, Weatherly announced that it had entered into an agreement to purchase the Kitumba copper development project in Zambia. The transaction has subsequently been approved by the vendors shareholders and is only subject to regulatory approval. 


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