Multiple6 Sep 2021 17:46
Patrick Booth-Clibborn, CEO of Marechale Capital, commented: "This transaction is an exciting addition to the Marechale portfolio and bolsters our exposure to the renewable energy markets. As the UK and Europe set their sights on a carbon neutral future, the role of lithium in electric vehicles and green technologies will continue to grow in importance and we are delighted to have assisted Weardale Lithium Limited as it starts to explore the presence of lithium in the north of England.
"As highlighted in our recent results, Marechale is strengthening its balance sheet and we have a healthy pipeline of new corporate finance projects ahead of us. We are excited by the potential upside for a number of our corporate finance clients where we have founder equity and warrants."