Board/Management Information • Jul 15, 2024
Board/Management Information
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RNS Number : 3808W
Andrada Mining Limited
15 July 2024
Andrada Mining Limited
("the Company" and together with its subsidiaries "the Group")
Change of Nominated Adviser and Broker
The Company announces its Nominated Adviser and Broker has changed to Zeus Capital Limited with immediate effect. This change follows completion of the acquisition by Zeus Capital Limited of the WH Ireland Capital Markets Division (from WH Ireland Limited), announced earlier today.
CONTACT
| ### Andrada Mining Anthony Viljoen, CEO Sakhile Ndlovu, Investor Relations |
+27 (11) 268 6555 |
| ## NOMINATED ADVISOR & BROKER | |
| ### Zeus Capital Limited Katy Mitchell Harry Ansell Andrew de Andrade |
+44 (0) 207 220 1666 |
| ## CORPORATE BROKER & ADVISOR | |
| ### H&P Advisory Limited Andrew Chubb Jay Ashfield Matt Hasson |
+44 (0) 20 7907 8500 |
| ### Berenberg Jennifer Lee Natasha Ninkov |
+44 (0) 20 3753 3040 |
| ## FINANCIAL PUBLIC RELATIONS | |
| ### Tavistock (United Kingdom) Jos Simson Charles Vivian Josephine Clerkin |
+44 (0) 207 920 3150 [email protected] |
Andrada Mining Limited, formerly Afritin Mining Limited, is a London-listed technology metals mining company with a vision to create a portfolio of globally significant, conflict-free, production and exploration assets. The Company's flagship asset is the Uis Mine in Namibia, formerly the world's largest hard-rock open cast tin mine and currently being re-developed as a major tin-tantalum-lithium producer.
An exploration drilling programme is currently underway with the aim of expanding the tin resource over the fourteen additional, historically mined pegmatites that occur within a 5 km radius of the current processing plant. The Company has set a mineral resource target of 200 Mt to be delineated within the next 5 years. The existing mine, together with its substantial mineral resource potential, allows the Company to consider economies of scale. Andrada, is managed by a board of directors with broad industry knowledge and a management team with extensive commercial and technical skills. Furthermore, the Company is committed to the sustainable development of its operations and the growth of its business. This is demonstrated by the way the leadership team places significant emphasis on creating value for the wider community, investors, and other key stakeholders. Andrada has established an environmental, social and governance system that has been implemented at all levels of the Company and aligns with international standards.
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