Minemakers Limited

Minemakers Limited

June 29, 2015 08:03 ET

Minemakers Limited: Appointment of Advisor

TORONTO, ONTARIO--(Marketwired - June 29, 2015) - Minemakers Limited (TSX:MAK)(ASX:MAK) ("Minemakers" or the "Company") is pleased to advise that it has engaged Foster Stockbroking Pty Ltd ("Foster") and EAS Advisors LLC ("EAS") on a non-exclusive basis to act jointly as marketing and corporate advisors to the Company. The joint appointment is designed to cover Australia, Asia, USA and UK to ensure that interested parties are fully aware of developments at Minemakers, both directly and through published research. Both Foster and EAS have an impressive track record in promoting and working with ASX listed companies over the past years.

Minemakers' Managing Director Cliff Lawrenson said: "As we move towards the completion of the acquisition of BMCC, gaining the support of both Foster and EAS is a strong validation of our strategy. We look forward to working closely together in the coming months and we are very excited by the prospect of driving the Baobab Rock Phosphate Project into production in the near term."

Stuart Foster and Eddie Sugar commented: "We are bullish on the nutrient space and are impressed with Minemakers strategy and team and their plans going forward around their proposed acquisition of the Baobab Project in the Republic of Senegal."

Foster Stockbroking Pty Ltd is a Sydney based boutique investment bank with a dedicated focus on small-mid cap companies and have a track record of successfully executing transactions, providing advice and after market support.

EAS Advisors is a New York based corporate advisory firm that supports companies operating in the mining, metals, energy, infrastructure and agriculture sectors and functions as a knowledgeable partner and trusted advisor for all strategic, corporate and capital structure decisions.

Cliff Lawrenson, Managing Director

ABN 48 116 296 541

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