https://www.engineeringnews.co.za

Marula appoints technical consultant, lawyers in preparation for Aim listing

23rd March 2023

By: Donna Slater

Features Managing Editor and Chief Photographer

     

Font size: - +

Africa-focused miner and developer Marula Mining is preparing to list on the LSE’s Aim and has appointed mining and environmental consultancy MSA Group as the technical consultant for the listing process.

MSA Group, which provides services such as exploration, geology, and mineral resource and reserve estimation, has prepared numerous public reports for all the major mining stock exchanges, and will complete a competent person's report on Marula’s portfolio of battery metals projects in Africa.

Marula has also appointed law firm ENSafrica as its African lawyers for the listing and the firm is due to complete an independent legal due diligence report on Marula’s portfolio of projects.

Marula has the Blesberg lithium and tantalum mine, in the Northern Cape province of South Africa; the Nkombwa Hill niobium, tantalum, rare earths and phosphate project in the North-East of Zambia; and the Tanzania-based Bagamoyo graphite mine, the Kinusi copper mine and the Nyorinyori graphite project.

Marula’s appointment of the MSA Group and ENSafrica follows the earlier appointment, in March, of Peterhouse Capital as its sole corporate broker.

These appointments are also in addition to those of Cairn Financial Advisers and Memery Crystal as nomad and legal counsel to Marula.

Marula CEO Jason Brewer says the company is confident that the expertise of the MSA Group and ENSafrica will ensure a smooth and successful listing process. “These appointments, alongside our existing partners Cairn Financial Advisers, Memery Crystal and Peterhouse Capital, demonstrate our commitment to assembling a strong and experienced team to support our growth and future success.”

He adds that the Aim listing is being undertaken as Marula’s board is of the firm opinion that it will provide the company with greater access to capital, increased visibility, and a larger pool of potential investors. “[This will] enable us to further expand our portfolio of high-quality mining projects in Africa and continue delivering value to our shareholders.”

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ABB Electrification
ABB Electrification

Electrifying the world in a safe, smart, and sustainable way, ABB Electrification is a global technology leader in electrical distribution and...

VISIT SHOWROOM 
EKATO Africa
EKATO Africa

Established in 1933, EKATO is the world leader in agitation technology, supplying agitators for processes and applications such as chemicals and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.049 0.916s - 140pq - 2rq
Subscribe Now