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Globe Metals and Mining appoints investor relations partner to enhance Europen reach

Published 04/04/2024, 11:31 am
Updated 04/04/2024, 12:00 pm
© Reuters.  Globe Metals and Mining appoints investor relations partner to enhance Europen reach

Globe Metals & Mining Ltd (ASX:GBE) has appointed Euroswiss Capital Partners Inc as a strategic and financial partner in an effort to increase recognition and liquidity in central European capital markets.

Euroswiss is tailored for junior mining company-centred investor relations, with a track record in Europe that includes notable companies including Ionic Rare Earths (ASX:IXR), Pilbara Minerals, NeoMetals, Australian Vanadium, Galan Lithium and Kaiser Reef.

The two companies plan to initiate a cross-listing strategy to reactivate dormant listings on the German exchanges, to leverage streamlined market standards and enhance Globe Metals’ visibility.

Supporting Kanyika project development

“We've garnered significant interest from prospective investors in Europe,” Globe Metals and Mining CEO Grant Hudson said.

“By partnering with Euroswiss and pursuing these German cross-listings, we aim to enhance liquidity and streamline access to share trading for European investors.

“This appointment is aimed at broadening Globe’s investor base and boosting its visibility in European markets, which aligns well with the global strategic significance of niobium.

“This move is poised to facilitate accessing the necessary funds for the Kanyika project development.”

GBE intends to mine niobium and tantalum, two critical minerals vital to emerging energy technologies, at its Kanyika Project in Malawi.

The company emphasises this is a non-dilutionary method of increasing exposure to European investors without reducing the holding of Australian investors.

Euroswiss will engage in targeted distribution to 400 investor websites, 450,000 computer terminals, daily newspapers and directly engaging with 10,000 private/institutional investors and analysts, among several other investor relations initiatives.

Read more on Proactive Investors AU

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