Andromeda Metals Ltd (ASX:AND) has strengthened its corporate efforts with the appointment of experienced corporate advisor Taylor Collison Ltd to assist with a range of initiatives as the company advances the Great While Kaolin Project in South Australia through the completion of feasibility studies.
The company has elected Taylor Collison based on its significant M&A and ECM corporate advisory experience, its expertise in the natural resources space, its presence in South Australia and close working history with the company.
Leading non-bank financial services firm
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.”
Taylor Collison is a leading non-bank financial services firm providing a suite of services across equity capital markets (for corporate, institutional and retail clients) and corporate transactions.
It has extensive corporate advisory expertise across various sectors in the areas of mergers, acquisitions, asset and business sales, joint ventures and partnerships.
Taylor Collison also has relevant experience in the natural resources sector, having led capital raisings for companies such as Rox Resources (ASX:RXL), Mithril Resources (ASX:MTH), Chesser Resources (ASX:CHZ) and Egan Street Resources (ASX:EGA).
Chairman Rhod Grivas added: "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 progress towards production."
Nanotechnology breakthroughs
The company’s Natural Nanotech Pty Ltd (NNT) research and commercialisation JV with Minotaur Exploration Ltd (ASX:MEP) made a technological breakthrough by producing halloysite-based nanocarbon (fullerene) materials from Great White Project halloysite-kaolin late in October.
Enhancing this breakthrough is the successful activation of the material with functional additives.
NNT is working with the University of Newcastle’s Global Innovation Centre for Advanced Nanomaterials (GICAN) towards commercial solutions for high-tech applications, based on the halloysite nanotube material sourced from ADN's and MEP’s high-grade JV halloysite-kaolin deposits in South Australia, including the Great White Kaolin Project.