Anson Resources (ASX:ASN) appoints financial adviser for Paradox Project
Materials
ASX:ASN MCAP $87.45M
Julia Seymour [email protected] 26 October 2021 09:15 (AEDT)
- Anson Resources (ASN) appoints financial advisor, BurnVoir Corporate Finance, to arrange the financing for the development of its Paradox Lithium-Bromine Project in Utah
- BurnVoir will work with Anson to secure a flexible funding package for the project and assist with a Definitive Feasibility Study
- The company says it anticipates increased recognition of the underlying value of the project as its offtake and funding initiatives are progressively implemented
Anson Resources (ASN) has appointed a financial advisor for its Paradox Lithium-Bromine Project in Utah.
Independent finance advisory group, BurnVoir Corporate Finance, has been appointed to arrange the financing for the development of the company’s wholly-owned project.
BurnVoir will work with Anson to secure a flexible funding package for the project.
The company has a track record in arranging the development and acquisition finance for multiple lithium projects. In recent years, BurnVoir has worked to secure Pilbara Minerals’ Pilgangoora Project, and $1.1 billion in debt facilities for IGO’s acquisition of an interest in the Greenbushes Lithium Mine and the Kwinana Lithium Hydroxide Refinery.
Anson’s Executive Chairman, Bruce Richardson, said the company is pleased to have BurnVoir as part of our team to support it across its offtake and financing activities.
“BurnVoir has extensive experience in arranging development funding for high quality projects such as the Paradox Lithium-Bromine Project, and we look forward to working closely with BurnVoir,” said Bruce Richardson.
“As our offtake and funding initiatives are progressively implemented, we anticipate increased recognition of the underlying value of the project.”
As part of BurnVoir’s appointment, it will also assist with a Definitive Feasibility Study for the project, to ensure Anson’s feasibility work withstands the rigour of independent due diligence.
- Forums
- ASX - Short Term Trading
- Short Term Trading Week Starting: 25 Oct
Short Term Trading Week Starting: 25 Oct, page-50
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online