Boab Metals Ltd - BurnVoir Appointed as Financial Adviser to Secure Development Funding Package for Sorby Hills
Boab Metals Ltd (ASX:BML)

BurnVoir Appointed as Financial Adviser to Secure Development Funding Package for Sorby Hills

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Highlights

What's happened?

Pacifico Minerals (ASX:PMY) has appointed leading independent finance advisory group BurnVoir Corporate Finance (BurnVoir) as financial adviser and arranger of finance for the development of the Sorby Hills Lead-Silver-Zinc Project.

What are the key highlights?

  1. BurnVoir will work with Pacifico to secure an attractive, flexible funding package for the development of the Sorby Hills Project that can maximise value for shareholders.
  2. BurnVoir has assisted in arranging development finance for a number of projects in Western Australia in recent years, including for Pilbara Minerals Limited (Pilgangoora Project, lithium) and Kalium Lakes Limited (Beyondie Project, potash).

For more information, please refer to the announcement linked below.

Managing Director's Summary

Simon Noon

“Pacifico has received strong interest from multiple parties for potential off take and debt financing and has appointed BurnVoir to manage a competitive financing and off take process that will ensure the best result for the Company. BurnVoir has extensive experience in arranging development funding for high quality projects such as the Sorby Hills Lead-Silver-Zinc Project, and we look forward to working closely with them to identify and obtain the optimal funding mix. As the funding solution is progressively implemented, we anticipate increased recognition of the underlying value of the Sorby Hills Project. The funding task will proceed in parallel with ongoing work on the Sorby Hills Project.”

Simon Noon
Managing Director, Boab Metals Ltd
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