Blencowe Resources Plc (LSE: BRES) is pleased to announce that it has appointed Cavendish Capital Markets Limited (“Cavendish”) as Joint Broker to the Company with immediate effect.

As Orom-Cross advances towards first production, the Company is focused on strengthening research coverage and broadening engagement with institutional investors to reflect the scale and maturity of the opportunity. Cavendish will support the Company through sector-specialist research distribution and engagement with institutional investors.

Executive Chairman of Blencowe, Cameron Pearce, commented:

“We are delighted to add Cavendish into our team.  Cavendish brings an experienced and well-regarded resources-focused research capability as well as a strong network of institutional investors, which we believe will be increasingly relevant as Blencowe progresses from a pre-production story towards initial stage operations at Orom-Cross.

As highlighted within our recent interim results, the Company remains well funded to progress its current work programmes and has received proceeds from warrant exercises.”

Head of Energy, Power & Resources at Cavendish, Neil McDonald, commented:

“We are pleased to be supporting Blencowe at this stage of its development. We see growing interest in secure, scalable graphite supply, particularly given its role in battery technologies, and believe Blencowe is well-positioned to benefit from this trend.

We look forward to helping broaden the Company’s engagement with institutional investors as it progresses the Orom-Cross project towards production.”