Firering Strategic Minerals PLC Appointment of Joint Broker (1592T)
13 November 2023 - 6:00PM
UK Regulatory
TIDMFRG
RNS Number : 1592T
Firering Strategic Minerals PLC
13 November 2023
Firering Strategic Minerals plc / EPIC: FRG / Market: AIM /
Sector: Mining
13 November 2023
Firering Strategic Minerals plc
("Firering" or "the Company" or "FSM")
Appointment of Joint Broker
Firering Strategic Minerals plc, an exploration company focusing
on critical minerals, is pleased to announce that it has appointed
Shard Capital Partners LLP to act as joint broker to the Company
with immediate effect.
- Ends -
For further information visit: www.fireringplc.com or contact
the following:
Firering Strategic Minerals Tel: +44 20 7236 1177
Yuval Cohen
SPARK Advisory Partners Limited (Nominated Tel: +44 20 3368 3550
Adviser)
Neil Baldwin / James Keeshan / Adam
Dawes
Optiva Securities Limited (Joint Tel: +44 20 3137 1903
Broker)
Christian Dennis / Daniel Ingram
S hard Capital Partners LLP (Joint Tel: 020 7186 9950
Broker)
Damon Heath / Erik Woolgar
St Brides Partners Limited (Financial T: +44 20 7236 1177
PR) E: firering @stbridespartners.co.uk
Ana Ribeiro / Susie Geliher / Isabelle
Morris
Notes to Editors:
Firering Strategic Mineral
www.fireringplc.com
Firering Strategic Minerals plc is an AIM-quoted mining company
focused on exploring and developing a portfolio of mines producing
strategic minerals in Côte d'Ivoire, specifically lithium and
tantalum, to support the global transition to net zero emissions.
It operates the Atex Lithium-Tantalum Project in northern Côte
d'Ivoire, which is prospective for both lithium and tantalum.
Firering's main focus is working together with Australian
diversified minerals company Ricca Resources to advance development
at Atex with a view to establishing a maiden lithium resource and
then progressing a Lithium project through to DFS. Firering is also
assessing pilot scale production of ethically sourced tantalum and
niobium to generate early revenues and support further exploration
work. Should pilot production be successful, a large-scale tantalum
production facility may be developed, which will be supported by a
debt facility of FCFA 5,057,000,000 (approximately EUR7,500,000)
currently under negotiation to fund the entire scale-up plan to
develop a portfolio of ethically sourced mineral projects in the
Côte d'Ivoire, supplying EV batteries, high tech electronics and
other fast-growing end markets. Firering also has an option to
acquire up to 28.33% of Limeco Resources Limited, the owner of a
Limestone project located 22km west of Lusaka in Zambia.
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END
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