Ann: Shortfall Attracts Cornerstone Investor and Strong Support, page-2

Excellent news, and the best sort of outcome for placement of the Shortfall.

I understand there was plenty of demand among the usual class of suspects, but the shares would have no doubt soon resurfaced had they gone that way.

Here, the block is firmly locked away.

And we get a serious and well-connected partner who has obviously done his homework on Quicksilver, and who actually has something to bring to the story.

As our CEO observes: “...Rajiv’s extensive expertise in the Indonesian market and deep knowledge of the nickel industry makes him an ideal strategic investor for Golden Mile and isan endorsement of our Quicksilver Nickel-Cobalt Project.”

It's most pleasing to see our shareholder base morphing in this way.


ABOUT EQUENTIA NATURAL RESOURCES (Mr Ramnarayan is a 50% shareholder in ENR)

Equentia Natural Resources is a Singapore-based commodity trading and resources company that has achieved significant success in the commodities market, principally in coal, and has established strong offtake agreements with mines located in Indonesia, South Africa, Russia,and Australia. Leveraging this success ENR has successfully diversified its investments into the nickel and battery mineral sector. This expansion involves direct investments in physical assets and mines as well as strategic investments in exploration, project development and junior mining companies.