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Appointment of Broker

12th Aug 2013 07:00

RNS Number : 4127L
North River Resources Plc
12 August 2013
 



North River Resources plc / Ticker: NRRP / Index: AIM / Sector: Mining

 

12 August 2013

North River Resources plc

Appointment of VSA Capital as Joint Broker

 

North River Resources plc ("North River") is pleased to announce that it has appointed VSA Capital as its joint broker, alongside Ocean Equities.

 

VSA Capital has been appointed with a particular mandate to search for a strategic or financing partner to develop North River's flagship project, the brownfield Namib Lead-Zinc Project (the "Namib Project"), in Namibia. VSA Capital will also perform research and brokerage services to further enhance North River's presence in the capital markets, and help raise funds when necessary.

 

North River has recently opened a data room to allow potential partners to conduct initial due diligence on the Namib Project, with a view to forming a development partnership later in the year.

 

Managing Director of North River, Martin French, commented "We are delighted to have VSA Capital as part of the team. It provides a fresh injection of energy, and our initial work with their team has been very encouraging. Further, we continue to enjoy an excellent relationship with Ocean Equities, which has been a solid supporter of North River for many years."

 

**ENDS**

 

For further information please visit www.northriverresources.com or contact:

 

Martin French

North River Resources Plc

Tel: +44 (0) 20 7930 6966

Andrew Emmott

Ritchie Balmer

Strand Hanson Limited

Tel: +44 (0) 20 7409 3494

Will Slack

Ocean Equities Limited

Tel: +44 (0) 20 7784 4370

Andrew Monk

Andrew Raca

VSA Capital Limited

Tel: +44 (0) 20 3005 5000

Susie Geliher

St Brides Media & Finance Ltd

Tel: +44 (0) 20 7236 1177

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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