rothschild appointed as strategic adviser

Rothschild appointed as Strategic Adviser


Over the last 15 months Extract Resources has been through an extraordinary period of growth, driven predominantly by the rapid progress of its world class projects in Namibia. The value of the Company and the scale of the Rossing South deposit has brought it global attention.

As a result of this the Board now considers that it is an appropriate time to engage the services of a highly qualified independent adviser to assist with determining strategies and to consider all scenarios in the development of the Company without compromising the interests of stakeholders.

In this regard the Board is pleased to announce that it has selected Rothschild Australia Limited to act as its corporate adviser in undertaking a strategic review of the various options that are presenting themselves. The Company believes that such a review will also facilitate the early development of the Rossing South Project.


Rothschild is an international group with extensive experience; it has been involved with a number of recent developments and transactions in the uranium sector including large mining companies and other major nuclear industry participants. Extract has access to resources and expertise of the Rothschild Group as a whole, and will take full advantage of their extensive international network.


The Board of Extract and Rothschild will be working together during the coming months to formulate a strategy that is in the best interests of all stakeholders.


Cheers