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Vox Market Podcast – Alan Green discusses Revolution Bars #RGB, Blencowe Resources #BRES & Poolbeg Pharma #POLB

vox podcast

Alan Green CEO of Brand Communications talks about:

Revolution Bars #RBG

Blencowe Resources #BRES

Poolbeg Pharma #POLB

https://www.voxmarkets.co.uk/articles/alan-green-discusses-revolution-bars-blencowe-resources-poolbeg-pharma-ed98e6d/

#BRES Blencowe Resources – Consolidated Africa Holding & Joint Broker

Blencowe Resources Plc (” Blencowe” or the “Company”) (LSE: BRES) has been notified that Consolidated Africa Limited (“CAL”) has today sold its entire holding in the Company (17,725,000 ordinary shares being 10.9% of the issued share capital) to new and existing shareholders arranged through Tavira Securities Limited (“Tavira”).

CAL received 25,000,000 ordinary shares in Blencowe following its sale of the Orom Cross graphite project in 2020.  CAL were locked up for one year following the IPO in June 2020.

Appointment of Joint Broker

The Company is pleased to announce that it has appointed Tavira as its joint broker. Tavira has recruited senior personnel from the Company’s former broker Brandon Hill Capital Limited and Blencowe looks forward to continuing the strong relationship with the team.

Executive Chairman Cameron Pearce Commented:

“We are pleased that the share register has been strengthened following these on market share purchases. We believe with a market cap of approximately £6.5M, the Company is significantly undervalued, as evidenced by our recent Preliminary Economic Assessment which yielded an NPV for Orom-Cross of US$317M. In December 2021 we closed on a £2M fundraise at 5p per share, which has provided sufficient capital to undertake our 2022 work programme at Orom-Cross, including the completion of a Pre-Feasibility Study. An updated resource statement on Orom-Cross is due to be released later this quarter, which we expect will further increase the size and grade of the resource.

We would like to welcome Tavira Securities as co-broker and we look forward to continuing our relationship with the former senior members of the Brandon Hill team going forward.”

For further information please contact:

 Blencowe Resources Plc

Sam Quinn

www.blencoweresourcesplc.com

Tel: +44 (0)1624 681 250

info@blencoweresourcesplc.com

 

Investor Relations

Sasha Sethi

Tel: +44 (0) 7891 677 441

sasha@flowcomms.com

 

Tavira Securities

Jonathan Evans

Tel: +44 (0)20 7100 5100

jonathan.evans@tavirasecurities.com

 

First Equity Limited

Jason Robertson

Tel: +44(0)20 7330 1833

jasonrobertson@firstequitylimited.com

#BRES Blencowe Resources – Appointment of Battery Limits

Blencowe Resources Plc (” Blencowe” or the “Company”) (LSE: BRES) is pleased to announce the appointment of highly regarded Australian Engineering firm Battery Limits to assist the Company in the completion of the Orom-Cross Graphite Project Pre-Feasibility Study.

Highlights

· Battery Limits is a highly experienced graphite project development engineering firm.

· Battery Limits has completed Feasibility Studies for several tier one graphite projects internationally.

· Extensive graphite project experience in East Africa.

Battery Limits is one of the most experienced graphite project development engineers internationally, with extensive experience in East African graphite projects. Battery Limits has been selected to assist the Company on the basis of this relevant project experience which includes:

· Armadale Capital – Lindau Mahenge Tanzania Graphite feasibility study

· MRC – Munglinup Graphite Australia DFS

· International Graphite – downstream processing DFS

· Graphex Chilalo Graphite – PFS update, PFS and scoping studies and DFS metallurgy and process engineering

· Volt Resources – Bunyu Graphite Tanzania FS, PFS, scoping studies

· Armadale Capital – Lindau Mahenge Tanzania Graphite scoping study

· BlackEarth Minerals – Maniry Graphite Madagascar scoping study

· Black Rock Mining – Mahenge Graphite Tanzania PFS

· Magnis Resources – Nachu Graphite Tanzania PFS

· Triton Mineral – Ancuabe Graphite Mozambique scoping study  

 

Blencowe considers this previous project experience, and in particular the East African graphite knowledge, highly beneficial to Battery Limits assisting in the development of Orom-Cross project.

Battery Limits will lead the Pre-Feasibility Study and will ultimately sign off on the Study, thus providing key credibility to all parties concerned. Study aspects of process engineering and process plant design, capital and operating cost estimates, management of ongoing metallurgical testwork, infrastructure and project implementation will all be undertaken by Battery Limits.

Specialised sub-consultants in Uganda and South Africa will be assisting with tailings storage design, geotechnical and hydrological studies under supervision of Battery Limits.

Executive Chairman Cameron Pearce commented:

“We are both pleased and privileged to have a technical partner with the capabilities and experience of Battery Limits helping us to deliver the PFS, due for completion around mid-2022.  Our Orom-Cross graphite project continues to move towards first production in the medium term and their involvement will help provide a stronger operational and commercial model.”

 

 

For further information please contact:

 

 Blencowe Resources Plc

Sam Quinn

www.blencoweresourcesplc.com

Tel: +44 (0)1624 681 250

info@blencoweresourcesplc.com

Investor Relations

Sasha Sethi

Tel: +44 (0) 7891 677 441

sasha@flowcomms.com

First Equity Limited

Jason Robertson

Tel: +44(0)20 7330 1833

jasonrobertson@firstequitylimited.com

#BRES Blencowe Resources – Issue of Options

Blencowe Resources (LSE:BRES), the natural resources company focussed on the development of the Orom-Cross Graphite Project in Uganda, reports the issue of options to directors and senior management.

Given the stage of development of the Company and to further align Directors and Senior Management with shareholders, the Company now announces the grant of 6 million options as set out below, at 6p per share, for a period of five years.

These options will not vest unless the share price of the Company trades in excess of 10p per share for 10 consecutive days.

In addition, the options granted to the CEO and COO will only vest on delivery of a pre-feasibility study.

 

Cameron Pearce (Chairman)

1,500,000

£0.06

Mike Ralston (CEO)

1,500,000

£0.06

Iain Wearing (COO)

1,500,000

£0.06

Lionshead Consultants Ltd (Sam Quinn) (Non Exec Director)

1,000,000

£0.06

Alexander Passmore (Non Exec Director)

500,000

£0.06

 

#BRES Blencowe Resources – Graphite Sales and Marketing Expert Appointed

Lone Star Tech Minerals has 25 years direct experience in sales and marketing of all graphite and carbon products as well as expertise for various industrial mineral applications

Highlights :

· Appointment of World Leading Graphite expert

· Robust PEA numbers delivered in October

· PFS now fully funded

Blencowe Resources (LSE: BRES.L) (“Blencowe” or the “Company”) is pleased to announce its engagement with a leading graphite industry specialist, Lone Star Tech Minerals – USA (“Lone Star”), effective immediately.  Lone Star is based in the United States and will assist Blencowe with all parts of its sales and marketing strategy, including analysis of concentrates, technical specifications, review of the broader graphite market, identification of products and opportunities, and assisting in building key relationships with end users that can ultimately lead to key product qualifications and sale of product once mining operations commence.

 

Lone Star is headed by Christopher Whiteley, acknowledged as one of the leading graphite sales and marketing specialists in this industry.  Mr Whiteley has over 25 years of sales and technical graphite and carbon products experience, which Blencowe will draw on as it continues to develop its Orom-Cross Graphite Project in Uganda.  He has held senior positions in a number of industry leading companies in the graphite market and has successfully implemented global marketing and sales initiatives for a wide range of graphite applications including traditional and advanced graphite product end uses.

 

Blencowe is currently building its sales and marketing strategy for Orom-Cross and will draw upon all of Lone Star’s experience as well as its strategic relationships in the industry.  Graphite is a unique product in terms of sale as it has over 150 applications for different uses in various end products, and understanding all of these applications as well as the best mix of end products to produce is critical to the success of the project.  Sales are also made directly into end users, as opposed to selling into a London metals market or similar for other metals, and having the means to tap into end-user relationships via an experienced partner is important.

 

The Company delivered a strong Preliminary Economic Assessment (PEA) for Orom-Cross in October 2021 and has recently announced a successful, over-subscribed £2 million capital raise, which will fund its Pre-Feasibility Study (PFS) that has already commenced and will be due for completion around middle of 2022.  The Sales and Marketing Strategy will form an integral part of the PFS.

 

Cameron Pearce, Executive Chairman commented:

 

“We are extremely fortunate to have a project of the calibre of Orom-Cross, which has the quality and characteristics to attract a partner such as Lone Star, to assist us ahead. Lone Star has already identified that Orom-Cross has a unique blend of traditional graphite products that will likely sit well within the broader graphite market and we will now work closely together to build and then implement the strategy to ensure that we can successfully sell these products into that market.

 

Graphite is a non-replaceable, key component of the lithium-ion batteries that provide the energy to power electric vehicles (EVs), and as EV growth continues to expand exponentially over the next decade demand for graphite is forecast to increase fast in parallel.  In addition Orom-Cross has a good percentage of jumbo and large flake graphite that sell for considerable higher prices into speciality markets, thus providing a valuable mix of end products to achieve higher overall margins.”

 

 

 

For further information please contact:

  Blencowe Resources Plc

Sam Quinn

www.blencoweresourcesplc.com

Tel: +44 (0)1624 681 250

info@blencoweresourcesplc.com

Investor Relations

Sasha Sethi

Tel: +44 (0) 7891 677 441

sasha@flowcomms.com

Brandon Hill Capital Limited

Jonathan Evans

Tel: +44 (0)20 3463 5000

jonathan.evans@brandonhillcapital.com

First Equity Limited

Jason Robertson

Tel: +44(0)20 7330 1833

jasonrobertson@firstequitylimited.com

Blencowe Resources #BRES – Publication of a Prospectus

 

 

Blencowe is pleased to announce that its prospectus has been approved by the Financial Conduct Authority (the ‘FCA’) and published today by the Company (the ‘Prospectus’).  The Prospectus relates to the admission of Placing Shares and Subscription Shares in connection with the £2,000,000 fundraise announced on 12 November 2021.

The Company will admit a total of 40,000,000 new ordinary shares to the standard listing segment of the Official List of the FCA and to trading on the Main Market for listed securities of the London Stock Exchange at 8.00 a.m. on 15 December 2021 (“Admission”).  The new ordinary shares consist of 29,100,000 Placing Shares and 10,900,000 Subscription Shares. The Placing and the Subscription are conditional, inter alia, on Admission.

Further information is set out in the Prospectus, which can be accessed electronically from the Company’s website at www.blencoweresourcesplc.com.

Unless otherwise defined herein, terms defined in the Prospectus have the same meanings herein.

In accordance with the provision of the Disclosure Guidance and Transparency Rules of the FCA (“DTRs”), the Company confirms that, following Admission, its issued share capital will comprise 161,929,950 Ordinary Shares, each of which carries the right to vote, with no Ordinary Shares held in treasury. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the DTRs

Cameron Pearce, Chairman of Blencowe Resources Plc commented:

“We are delighted to publish the prospectus and close the transaction to raise £2m. This provides the Company with a firm foundation to continue developing Orom-Cross graphite project and 2022 should be transformational for the Company. I would like to thank our shareholders, both old and new, and to wish everyone a happy xmas from the Blencowe team.”

For further information, please contact:

 

Contact details:

Blencowe Resources Plc

Sam Quinn

www.blencoweresourcesplc.com

Tel: +44 (0)1624 681 250

info@blencoweresourcesplc.com

Investor Relations

Sasha Sethi

Tel: +44 (0)7891 677 441

sasha@flowscomm.com

Brandon Hill Capital Limited

Jonathan Evans

Tel: +44 (0)20 3463 5000 jonathan.evans@brandonhillcapital.com

First Equity Limited

Jason Robertson

Tel: +44(0)20 7330 1883

jasonrobertson@firstequitylimited.com

Twitter https://twitter.com/BlencoweRes

LinkedIn https://www.linkedin.com/company/72382491/admin/

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Blencowe Resources #BRES – Result of General Meeting

 

Blencowe Resources Plc (LSE: BRES) is pleased to announce that at the Company’s General Meeting held earlier today, all resolutions were duly passed .  Subject to the publication of a simplified prospectus that is currently being approved by the FCA, the passing of these resolutions gives the directors the authority to issue shares in the capital of the Company in respect of the Fundraise described in the Company’s RNS published on 12 November 2021.

Blencowe Resources #BRES – Webinar Call

 

Blencowe Resources (BRES:LON), the graphite explorer developing the Orom-Cross jumbo flake graphite project in Uganda, is pleased to announce that it will host a shareholder conference call and Q&A via Zoom conferencing on Monday 13 December 2021 at 12:00 noon UK time (8:00 p.m. WST time).

The call will be hosted by Blencowe’s CEO Mike Ralston who will update on the Company’s recently announced Preliminary Economic Assessment as well as discussing Blencowe’s 2022 work programme.

Interested investors are invited to register using the following link:

https://us02web.zoom.us/webinar/register/WN_0QMoNsT3TpmS1B3SouwqeA

Shareholders who wish to do so are invited to submit questions via email to info@blencoweresourcesplc.com

 

The most recent copy of the Company’s corporate presentation can be found at the following link:

https://blencoweresourcesplc.com/presentation/

 

Please note that until the Q&A session has begun that all participants will initially be muted without audio with the exception of Company management. A recording of the call will also be made available on the Company’s website following the call.

 

Alan Green covers Tertiary Minerals #TYM and Blencowe Resources #BRES on this week’s Stockbox Research Talks

Alan Green covers Tertiary Minerals #TYM and Blencowe Resources #BRES on this week’s Stockbox Research Talks

Blencowe Resources #BRES – Mike Ralston discusses the fundraise and how the funds raised will be used to develop the Orom Cross graphite project

Blencowe CEO Mike Ralston discusses the oversubscribed £2m fundraise and how the funds raised will be used to develop the Orom Cross graphite project

Link here to listen 

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