11 Mar 2019 11:34
B"H
11 March 2019
Shefa Yamim (A.T.M.) Ltd
("Shefa Yamim" or the "Company")
Appointment of Broker
Shefa Yamim (LSE: SEFA), a precious stones exploration Company in Northern Israel, is pleased to announce the appointment of SI Capital as sole broker and strategic advisor to the Company with immediate effect. VSA Capital will continue to be the financial advisor to the Company.
- Ends -
Enquiries
Shefa Yamim (A.T. M.) Ltd | |
Avi Taub, Chief Executive Officer | +44 20 7618 9100 |
VSA Capital Limited - Financial Adviser | |
Andrew Raca | +44 20 3005 5000 |
SI Capital Limited - Broker | |
Greg Mahoney, Nick Emerson and Jon Levinson | +44 20 3871 4038 / +44 1483 413500 |
Luther Pendragon | |
Harry Chathli, Alexis Gore | +44 20 7618 9100 |
Notes to Editors
About Shefa Yamim (A.T.M.)
Shefa Yamim is a multi-commodity precious stone exploration and prospecting Company in Northern Israel. It has two flagship projects, Mount Carmel (volcanic primary bedrock sources of gemstone and industrial minerals) and the Kishon Mid Reach (secondary alluvial placer deposits hosting the gemstone and industrial minerals derived from primary bodies).
After 18 years of exploration in a "greenfields" terrain, Shefa Yamim established a "Source to Sink" geological model and the presence of a Target Mineral Assemblage ("TMA") in both primary volcanic sources and in secondary alluvial deposits lying within the Kishon catchment, on Mount Carmel and in the Ramot Menashe area.
The TMA comprises gemstones and industrial minerals. The gemstones collectively make up the "Gem Box" suite, comprised of diamond (rare and small macro-diamond to microdiamond sizes), natural moissanite (that is rare globally), sapphire, ruby, Carmel Sapphire™ (a new sapphire type found, to date, only in northern Israel), hibonite (another rare gem), garnet, ilmenite and spinel. The heavy industrial minerals constitute the "HIM" suite hosting zircon (which may be gem grade at larger sizes) and rutile. www.shefayamim.com
Shefa Gems (SEFA)