- Exploration stock Andromeda Metals (ADN) has appointed Taylor Collison as a Corporate Advisor for its flagship Great White Kaolin Project
- The financial services firm will help Andromeda with a range of corporate initiative associated with the project
- These include final feasibility studies, obtaining offtake agreements and project finance as well as project construction
- Andromeda’s management said teaming up with Taylor Collison would help it progress Great White to production
- Shares in ADN have closed down 3.13 per cent worth 15.5 cents
Andromeda Metals (ADN) has announced that it has appointed Taylor Collison as its new Corporate Advisor.
The financial services firm will work with Andromeda to progress its flagship Great White Kaolin Project, located in South Australia.
ADN has a 75 per cent stake in Great White, which is a joint venture between Andromeda Metals and Minotaur Exploration (MEP).
Taylor Collison will help Andromeda with a range of corporate initiatives associated with the kaolin and halloysite project.
These include conducting final feasibility studies, obtaining offtake agreements and project finance, as well as helping to advance project construction.
“We are very pleased to be working with Taylor Collison during this next exciting phase of the Company’s evolution,” Managing Director James Marsh said.
“We are delighted to have Taylor Collison supporting the company and this appointment extends our collaboration with them at a significant point in Andromeda’s journey as we progress towards production,” Chairman Rhod Grivas added.
The company said it appointed Taylor Collison due to its significant mergers and acquisitions and corporate advisory experience.
The firm also has a presence in South Australia, and a close working history
with ADN.
Following the appointment, shares in ADN have closed down 3.13 per cent worth 15.5 cents each.