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BREAKTHROUGH MINERALS LIMITED — Capital/Financing Update 2013
Jul 2, 2013
64579_rns_2013-07-02_249011f6-db6c-4d5f-a53a-7d462f9bd361.pdf
Capital/Financing Update
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3 July 2013
Company Announcement Officer Australian Securities Exchange
Dear Sir/Madam
ENERGY UPDATE – APPOINTMENT OF FINANCIAL ADVISOR - INVESTEC
Intra Energy Corporation (ASX:IEC) is pleased to announce it has retained Investec Project & Infrastructure Finance, a division of Investec Bank plc (‘Investec’) to act as its financial advisor to secure strategic and institutional partners for its two energy projects; Project Ngaka, a 200MW coal fired power station in Tanzania and, Project Pamodzi, a 120MW coal fired power station in Malawi.
Investec has extensive knowledge and experience in sourcing debt and equity for energy projects in Sub Saharan Africa.
IEC highlights President of the United State of America, Barack Obama’s, recent visit to Tanzania and Africa over the past week and the commitment by the United States of America to provide US$7bn funding support to government agencies under the program “Power Africa” to solve the critical shortage of power in the region. Such initiatives and IEC’s power projects will continue to accelerate industrialisation and urbanisation and expand the economies in Eastern Africa.
Yours sincerely
Graeme Robertson Chairman
For further information please contact:
Shareholder Enquiries
Jonathan Warrand Executive Director & CFO Intra Energy Corporation Limited Tel: (02) 9252 5766 www.intraenergycorp.com.au