South Boulder Mines
South Boulder Mines Ltd (ASX:STB) (“South Boulder”) is pleased to announce the appointment of Azure Capital Limited (“Azure”) as corporate advisor.
Azure’s primary role will be to assist with the evaluation of the Colluli Potash Project in respect of the paid participation interest of the Eritrean Government through the Eritrean National Mining Corporation (“ENAMCO”) referred to in South Boulder’s ASX release dated 26th March 2012.
The assignment will involve the negotiation and execution of a sale of an equity stake in the Colluli Potash Project to ENAMCO.
Azure is a Perth based corporate advisory firm with extensive natural resources experience focused on mergers and acquisitions, project finance and debt advisory, equity capital markets and the provision of general corporate advice.
