17th Oct 2013 07:00
17th October 2013
Weatherly International Plc
("Weatherly" or "the Company")
Change of Adviser
Weatherly International Plc ("Weatherly" or the "Company") announces the appointment of Numis Securities Limited ("Numis") as Weatherly's Nominated Adviser. Further, Weatherly announces the appointment of Numis and Shore Capital Stockbrokers Limited ("Shore Capital") as joint brokers to the Company. The above appointments 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
Rolf Gerritsen, Senior Executive
Numis Securities Limited +44 (0) 20 7260 1000
John Prior
James Black
Jon Loubser
Shore Capital +44 (0) 20 7468 7964
Jerry Keen
Toby Gibbs
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Weatherly International Plc