Europa Metals Ltd (LON:EUZ) said it has hired Adam Habib as a corporate development adviser to its board.
The senior banker’s remit is to help maximise value for Europa Metals shareholders and, the group said, he will give corporate development/transactional support.as the company seeks to advance to the next stage in its development.
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“Europa Metals will look to secure value for shareholders through the potential execution of meaningful transaction opportunities in line with our stated strategy,” said Myles Campion, executive chairman in a statement.
"Adam has been brought in to work with myself and our CEO, Laurence Read, to provide senior advice and transaction support as we pursue our corporate development strategy during 2021. Having somebody with Adam's track record in value-accretive mining transactions, working with the Europa Metals team, should provide us with significant new opportunities to realise value for the company," Campion added.
Habib commented: “Given the current positive commodity market which is being driven by global government stimulus, it makes sense for Europa Metals to seek to add value for its shareholders by accelerating its business development strategy to take advantage of the economic cycle.
“I look forward to adding value to Europa Metals and working with Myles and Laurence."