REG - Firering Strategic - Appointment of Joint Broker

Firering Strategic MineralsAnnouncement

13/11/2023 07:00

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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 Adviser)  Tel: +44 20 3368 3550

 Neil Baldwin / James Keeshan / Adam Dawes
 Optiva Securities Limited (Joint Broker)             Tel: +44 20 3137 1903

 Christian Dennis / Daniel Ingram
 Shard Capital Partners LLP (Joint Broker)            Tel: 020 7186 9950

 Damon Heath / Erik Woolgar
 St Brides Partners Limited (Financial PR)            T: +44 20 7236 1177

 Ana Ribeiro / Susie Geliher / Isabelle Morris        E: firering (mailto:firering) @stbridespartners.co.uk
                                                      (mailto:firering@stbridespartners.co.uk)

 

Notes to Editors:

 

Firering Strategic Mineral

www.fireringplc.com (http://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
€7,500,000) 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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