Weatherly International PLC Change of Adviser (8960G)
March 07 2018 - 1:02AM
UK Regulatory
TIDMWTI
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, Weatherly Tel: +44
Chief Executive International (0) 1707
Officer plc 800 774
Kevin Ellis,
CFO and Company
Secretary
Rory Murphy Strand Hanson Tel: +44
James Dance Limited (0) 20 7409
Jack Botros 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.
This information is provided by RNS
The company news service from the London Stock Exchange
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