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Change of Adviser

2nd Sep 2014 07:00

RNS Number : 5685Q
Weatherly International PLC
02 September 2014
 



Weatherly International Plc("Weatherly" or "the Company")

Change of Adviser

Weatherly International Plc ("Weatherly" or the "Company") announces the appointment of finnCap as joint brokers to the Company together with RFC Ambrian. RFC Ambrian remains the company's nominated adviser as well as joint broker. The appointment of finnCap will take effect immediately.

About Weatherly

Weatherly is an AIM listed, copper focused mining company, the principal assets of which are located in Namibia. It currently has two producing copper mines (Otjihase and Matchless), and has finalised the financing for the development of the Tschudi Copper Project. These assets will enable Weatherly to achieve its medium term strategy of establishing a copper mining business capable of sustaining approximately 25,000tpa of copper at an average industry cost of production. The Company also has a 25% stake in an AIM listed company, China Africa Resources Plc (CAR), which is currently focused on the development of the lead/zinc project at Berg Aukas in Northern Namibia.

 

For further information please contact:

Weather International Plc

+44 (0) 20 7917 2989

Rod Webster, Chief Executive Officer

Kevin Ellis, Chief Financial Officer and Company Secretary

RFC Ambrian Limited

+44 (0)20 3440 6800

(Nominated Adviser and Joint Broker)

Samantha Harrison

James Biddle

finnCap

+44 (0)20 7220 0500

(Joint Broker)

Matthew Robinson (Corporate Finance)

Joanna Weaving/ Elizabeth Johnson (Broking)

Blytheweigh

+ 44 (0)20 7138 3204

(Public Relations)

Tim Blythe

Halimah Hussain

Camilla Horsfall

 

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