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REG - Tirupati Graphite - Resignation of Joint Broker

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RNS Number : 0463A  Tirupati Graphite PLC  17 January 2024

17 January 2024

Tirupati Graphite plc

('Tirupati' or the 'Company')

 

Resignation of Joint Broker

 

Tirupati Graphite plc (TGR.L, TGRHF.OTCQX), the specialist Flake Graphite
company and supplier of the critical mineral for the global energy transition,
announces the resignation with immediate effect of Shard Capital Partners LLP,
as joint broker. Optiva Securities will remain as broker, maintaining its
long-term relationship with the Company.

 

ENDS

 

For further information, please visit https://www.tirupatigraphite.co.uk/
(https://www.tirupatigraphite.co.uk/) or contact:

 

 Tirupati Graphite Plc

 Puruvi Poddar - Chief of Corporate & Business Development        admin@tirupatigraphite.co.uk (mailto:admin@tirupatigraphite.co.uk)

                                                                  +44 (0) 20 39849894
 Optiva Securities Limited (Broker)

 Ben Maitland - Corporate Finance                                 +44 (0) 20 3034 2707

 Holly Ritson - Corporate Broking                                 +44 (0) 20 3981 4173

 FTI Consulting (Financial PR)                                    +44 (0) 20 3727 1000

 Ben Brewerton / Nick Hennis / Lucy Wigney                        tirupati@fticonsulting.com

 

About Tirupati Graphite

 

Tirupati Graphite Plc is a specialist Graphite producer and a supplier of
critical minerals for a decarbonised economy and the energy transition. The
Company places a special emphasis on green applications including renewable
energy, e-mobility, energy storage and thermal management, and is committed to
ensuring its operations are sustainable.

The Company's operations include primary mining and processing in Madagascar
where the Company operates two key projects, Sahamamy and Vatomina with a
combined 30,000 tpa of currently installed capacity, producing high-quality
flake graphite concentrate with up to 97% purity and selling to customers
globally.

The Company has also acquired two advanced stage, world class, natural
graphite projects in Mozambique. Work has already commenced to optimise the
economics for development of the Montepuez graphite project, which is
permitted for 100,000tpa production and where substantial construction work
has already been undertaken by the previous operator.

 

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