Askari Metals (ASX:AS2) has appointed Canaccord Genuity (Australia) as a strategic advisor to implement and deploy a comprehensive capital markets strategy in collaboration with the company and Peak Asset Management.
It follows the strategic investment by China’s Huayou International Resources to help accelerate exploration at Askari’s Uis lithium project in Namibia.
Canaccord has extensive lithium experience and shares Askari’s vision for the future development and consolidation of the Uis Lithium Project.
“We are delighted to appoint Canaccord as the company’s capital markets strategic advisor,” Askari Executive Director, Gino D’Anna, said.
“Canaccord has extensive lithium experience and shares our vision for the future development and consolidation of the Uis Lithium Project. The recent strategic investment with Huayou has emphasized the need to have a comprehensive capital markets strategy in place and Canaccord will work closely with the company and Peak Asset Management to ensure we are well supported.”
The Uis Lithium Project (EPL 7345 and EPL 8535) is located in Namibia, Africa covering an area of 308.12sq. km located less than 5km from the township of Uis and less than 2.5km from the operating Uis Mine owned and operated by AfriTin Mining plc within the Erongo Region of west-central Namibia.
The Namibian capital city of Windhoek is located approximately 270km southeast of the Uis Lithium Project. The deep water port of Walvis Bay is located less than 230km from the Uis Lithium Project and is accessible by sealed roads all year round.
For further information please visit: https://www.askarimetals.com/