12th Aug 2013 07:00
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 |
Related Shares:
NRRP.L