Business
Key Advisory Appointments & Issue of Equity
Key Advisory Appointments & Issue of Equity.
About this update from Aterian Plc
[{"type":"text","content":"\n\n25 May 2023\n \nKey Advisory Appointments & Issue of Equity\nAterian Plc\n(\"Aterian\" or the \"Company\")\nAterian Plc (LSE: ATN), the exploration, trading, and development company advancing its portfolio of African-focused critical and strategic metal assets, is delighted to announce the appointments of Voltaire Minerals Partners (https://www.voltaireminerals.com/ ) as a strategic advisor to the Company, and Bald Voodoo as the Company's new Financial Communications/PR firm. These exciting appointments mark a pivotal moment in our journey toward advancing our objective of becoming a leading exploration, trading, and development company of critical and strategic metals.\nAt the same time, Aterian Plc announces the issue of 24,476,022 New Ordinary Shares at their par value of 1p. The New Ordinary Shares are to compensate advisors and suppliers in lieu of cash compensation and serve as long term performance incentivisation. \nApplication will be made for the New Ordinary Shares to be admitted to trading on the Main Market of the London Stock Exchange which is expected to be on or around 31 May 2023. These shares rank pari passu with the existing ordinary shares of the Company. .\nVoltaire Minerals brings a wealth of knowledge, experience, and key contacts in the mining and energy transistion sector. As our newly appointed strategic advisor, Voltaire Minerals will play a vital role in providing strategic guidance in securing key industry partnerships, to both leverage and monetise our many valuable assets. With their deep industry insights and commitment to environmental stewardship, Voltaire Minerals is perfectly positioned to help propel Aterian toward new horizons of growth, profitability, and innovation while maintaining our resolute dedication to sustainability.\nVoltaire Minerals' vast industry experience, will enhance the Company's ability to identify and maximise promising energy transition opportunities including key industry partnerships. This specialist appointment as a strategic advisor marks an exciting new chapter in Aterian's journey.\n \nBald Voodoo, a boutique tactical communications, business development and investor relations agency, will deliver a clear, unified and coherent communications strategy to allow Aterian to articulate more effectively with multiple stakeholder audiences includi...