Magnis Energy Technologies Ltd (ASX: MNS) has appointed HCF International Advisers Limited as financial adviser and Milbank LLP as legal adviser for its Nachu Graphite Project in Tanzania.
HCF is an independent corporate finance advisory boutique based in London, UK with a primary focus on the mining and metals sector and a long history of securing funding for projects in Africa. HCF provides strategic and financial advice to companies across the complete life cycle of a project in relation to securing funding to bring projects through to operations and has raised over US$12 Billion.
International law firm Milbank has advised a range of clients on some of Africa’s most significant transactions in the last 30 years, including Tanzania across a number of jurisdictions and sectors and as a result have an in-depth knowledge of local markets and their nuances.
We are pleased to appoint HCF and Milbank as our advisers who have significant mining finance experience in Africa,” Magnis CEO David Taylor said.
“Both advisers will be instrumental in our plans to raise project financing and achieve final investment decision and financial close for the development of the Nachu Graphite Project.”