Appointment of Co-Broker
November 14 2007 - 2:02AM
UK Regulatory
RNS Number:6708H
Gippsland Limited
14 November 2007
14 November 2007
Gippsland Limited ("Gippsland" or the "Company")
Fox-Davies Capital appointed as AIM co-broker
Gippsland (ASX & AIM "GIP"), an Australian based tantalum project development
company announces that it has appointed Fox-Davies Capital Limited
("Fox-Davies") as an AIM co-broker to the Company with immediate effect.
Jack Telford, Executive Chairman of Gippsland, said:
"We are delighted to have appointed Fox-Davies to act as our co-Broker and join
our wider advisory team. With its emerging market expertise, research-driven
platform and high profile among institutional investors, Fox-Davies will
compliment the retail strength of co-broker Hoodless Brennan PLC. We look
forward to working with both Fox-Davies and Hoodless Brennan in expanding
Gippsland's presence in the United Kingdom, Continental Europe and North America
to the maximum benefit of our shareholders."
Grant Thornton Corporate Finance continues to act as the Nominated Adviser to
the Company.
For further information please contact:
Jack Telford, Executive Chairman Fiona Owen
Gippsland Limited Grant Thornton Corporate Finance
T: +61 (0)8 9340 6000 T: +44 (0)20 7383 5100
E: jtelford@gippslandltd.com E: Fiona.Owen@gtuk.com
Luke Cairns, Director, Corporate Finance Richard Hail, Head of Corporate Finance
Hoodless Brennan plc Fox-Davies Capital
T: + 44(0)20 7510 8600 T: +44 (0)20 7936 5200
E: l.cairns@hbcorporate.co.uk E: richard.hail@fdcap.com
Jane Stacy / Ed Portman Warrick Hazeldine
Conduit PR Purple Communications
T: +44 (0)20 7429 6605 / 6607 T: +61 (0)8 9485 1254
E: jane@conduitpr.com M: +61 (0)417 944 616
E: ed@conduitpr.com E: whazeldine@purplecom.com.au
ADDITIONAL INFORMATION ON GIPPSLAND LIMITED
Gippsland (ASX & AIM "GIP"), the Australian based international resources
company, engages in the mining, exploration and development of projects
primarily in Egypt. The Company's strategy is to explore for base metals, gold
and precious metals that have the potential for near-term production.
Gippsland's prime assets are the 40 million tonne Abu Dabbab and the 98 million
tonne Nuweibi tantalum-tin projects located in the Central Eastern Desert of
Egypt, adjacent to the western shore of the Red Sea. The Abu Dabbab project has
the potential to become a major tantalum supplier to the steadily expanding
global tantalum industry.
On 13 November 2007, Gippsland announced the execution of a 10-year offtake
agreement with the German tantalum major HC Starck GmbH for the supply of 6
million pounds of tantalum pentoxide.
The Company also has the right to 9 exploration tenements in Egypt with 8 known
gold prospects and 1 copper-nickel prospect situated in Wadi Allaqi to the
south-east of Aswan.
Gippsland is also holds a free-carried 40% interest in the Zeehan tin deposit in
northwest Tasmania.
The Company's head office is in Australia and is listed on the ASX, LSE-AIM and
the UK Plus Markets under the code "GIP".
More information is available from the Gippsland website at: www.gippslandltd.com
ADDITIONAL INFORMATION ON FOX-DAVIES
Fox-Davies Capital is a Member of the London Stock Exchange and specializes in
providing Corporate Finance advisory, broking and capital raising services to
AIM listed and international resource companies. In its role as nominated
broker, Fox-Davies provides its corporate clients with access to investors in
the UK, European and North American capital markets and has an established track
record in emerging markets particularly in Africa, the Former Soviet Union and
Asia.
Further information is available on the Company website at: www.fdcap.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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