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RNS Number : 9534H Pineapple Power Corporation PLC 09 May 2025
This announcement contains inside information as stipulated under the UK
version of the Market Abuse Regulation No 596/2014 which is part of English
Law by virtue of the European (Withdrawal) Act 2018, as amended. On
publication of this announcement via a Regulatory Information Service, this
information is considered to be in the public domain.
May 9, 2025
Pineapple Power Corporation PLC (the "Company" or "Pineapple Power")
Appointment of Joint Broker
Pineapple Power Corporation PLC ("PNPL") a special purpose acquisition
company, is pleased to announce the appointment of First Equity Limited
("First Equity") as Joint Broker to the Company with immediate effect. First
Equity will work alongside the Company's existing Corporate Broker, Peterhouse
Capital.
As recently reported, the Company announced that it has agreed in principle
the acquisition of 100% of the outstanding shares in Buffalo Battery Metals
PTY ("Buffalo or BBM") in an all-share transaction, subject to legal,
financial, technical and other due diligence and entry into a legally binding
sale and purchase agreement.
Buffalo Battery Metals is a privately owned Australian company focused on the
exploration, development, and production of various minerals, including
lithium, copper and gold, in Zimbabwe. Formed in 2022, BBM is a relatively
new entrant into the African critical minerals sector. BBM provides investors
with exposure to a high-growth region on the African Continent with
significant untapped potential and is managed by a proven discovery and
development team. BBM's management and technical team have a successful track
record of bringing mineral projects from discovery through development and
into production. BBM is focused on generating positive cash flow from its
operations to minimise shareholder dilution with low capital cost and near
term cash flow potential.
For further information, please visit - www.pineapple-powercorp.com
(http://www.pineapple-powercorp.com/) ,
or contact:
Pineapple Power Corporation PLC
Clive de Larrabeiti +44 203 039 3913
Corporate Finance Advisor
clive.d.l@pineapple-powercorp.com (mailto:clive.d.l@pineapple-powercorp.com) +44 797 317 7973
Corporate Brokers
Peterhouse Capital
Charles Goodfellow +44 207 220 9791
cg@peterhousecap.com (mailto:cg@peterhousecap.com)
First Equity Limited
Jason Robertson +44 207 330 1883
jasonrobertson@firstequitylimited.com
(mailto:jasonrobertson@firstequitylimited.com)
Media Relations
David Burton
Total Market Solutions
davidburton.tms@gmail.com
The information contained within this announcement is deemed by the Company to
constitute inside information for the purposes of Article 11 of The Market
Abuse (Amendment) (EU Exit) Regulations 2019 (SI 2019/310). Upon publication
of this announcement, this inside information is now considered to be in the
public domain.
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