PLUTUS STRATEGIES21 Sep 2017 14:07
Appointment of Technical Consultants
The Company is also pleased to announce the appointment of corporate and technical consultants Plutus Strategies ("Plutus"), to assist in the review and analysis of its current and potential future investments, particularly Blenheim's initial conditional lithium investment in West Africa.
As retained advisors, Plutus will work closely with the directors of the Company to advise on the Company's investment activities, providing technical input and analysis relating to the Company's investments, identifying potential new investment opportunities and assisting to evaluate future investment opportunities that may arise.
Blenheim's Chairman, Chris Ells, commented: "The Placing will provide Blenheim with the firepower to actively pursue its burgeoning pipeline of investment opportunities with particular emphasis on the lithium space in West Africa.
In addition, the appointment of Plutus will provide a key supporting role to the Board, helping to deliver the Company's investment strategy, including providing technical assistance in relation to the previously announced lithium investment opportunities. Plutus will complement the Blenheim team in evaluating and developing existing and potential projects, helping the Company to add and realise value for its shareholders."
Ends
For further information please contact:
Chris Ells
Blenheim Natural Resources Plc