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RUMBLE RESOURCES LIMITED — Board/Management Information 2015
Apr 20, 2015
65736_rns_2015-04-20_212a6cf1-4342-4393-9aae-e0ba8bbf3e1b.pdf
Board/Management Information
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Rumble Resources Ltd appoints EAS Advisors LLC as its North American Corporate Advisor
Highlights:
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Rumble appoints EAS Advisors LLC (“EAS”) as North American Corporate Advisor
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EAS and its founder, Mr Edward Sugar, have a successful history of backing mining entrepreneurs and will complement the recent appointment of Nathan Tinkler
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Planning underway for North American roadshow to meet with key US groups
Rumble Resources Ltd (ASX: RTR) (“Rumble” or “the Company”) is pleased to announce that it has appointed EAS Advisors LLC (“ EAS ”) as its North American corporate advisor.
Headquartered in New York, EAS Advisors is a boutique global resources advisory firm that was founded by Edward Sugar in 2008. The foundation of EAS’s business is built on knowledge, capital market insight and access to institutional capital. having participated in over US$3 billion of transactions to date.
EAS has an impressive track record of success in assisting natural resource companies at key stages and executing major global transactions. Mr Sugar and EAS have played a key role in many natural resources financing deals, well-known for backing early funding deals for mining entrepreneurs.
Commenting on the appointment, Rumble Resources CEO Mr Shane Sikora said he was excited to have appointed EAS as the Company’s North American corporate advisor.
“I am delighted to work with a group as well respected in the resources and investment market as EAS.” Mr Sikora said.
“EAS and Eddie have a long history of backing successful mining entrepreneurs and will work with our recently appointed corporate advisor Nathan Tinkler to significantly lift the exposure of Rumble to the global capital markets.”
Commenting on the appointment of EAS, Mr Sugar said : “I am looking forward to working with Rumble and Nathan Tinkler to provide the Company with the best advice to assist in building a major nickel company on the back of the Company’s ability to carry out and successfully manage their exploration work.”
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----- Start of picture text ----- Rumble Resources Ltd.----- End of picture text -----
ABN 22 102 912 783 Rumble Resources Ltd
Suite 9, 36 Ord Street, 35 Richardson Street West Perth, WA 6005 WEST PERTH WA 6005
T +61 8 6555 3980 PO Box 1916 F +61 8 6555 3981 West Perth WA 6872
rumbleresources.com.au
ASX : CXU ASX RTR
88.7 M ordinary shares Executives & Management 13.2 M unlisted options Mr Shane Sikora CEO Market Cap $27.5 million (@31c) Mr Terry Topping Executive Director
Mr Matthew Banks Board of Directors Non-executive Director
Tony Sage
Mr Michael Smith Executive Chairman Non-executive Director
Brett Smith
Mr Andrew McBain Executive Director Non-executive Director
Qiu Derong
Mr Bruno Seneque Non-executive Director Company Secretary
Kent Hunter
Non-executive Director
Stephen Brockhurst Company Secretary
“The Fraser Range is one of the standout nickel exploration destinations in the world, with the region underexplored and to date only has one world class nickel discovery.
The North American market is well versed on nickel discoveries which have a close affinity to the Canadian nickel belts that host the word class Thompson, Raglan and Voisey’s Bay nickel deposits. I believe there is a great opportunity to find multiple nickel discoveries in the Fraser Range, and hopefully replicate the Canadian experience in Western Australia.”
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Terms of Agreement:
Under the agreement with Rumble, as part of its compensation, EAS will be paid in performance based options and is strongly incentivised to assist in the growth of the Company. The Company has agreed to pay EAS performance based options which will be awarded as per below:
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** 2.5 million 8c Options which must be exercised 18 months after issue.
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** 1 million 15c Option which must be exercised 18 months after issue.
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** 1 million 25c Options which must be exercised 18 months after issue.
For further information, please visit: www.rumbleresources.com.au
-ENDS-
For further information, please contact:
Shane Sikora Chief Executive Officer Rumble Resources T: +61 8 6555 3983
David Tasker Professional Public Relations T: +61 8 9388 0944 E: [email protected]