Alexander Mining hires Somerley to find Chinese mining partner
27 November 2009
Alexander Mining, the AIM-listed mining and mineral processing technologies company, has hired Hong Kong based corporate financier Somerley to help it find a Chinese mining partner to finance a potential major base metals sector transaction, which is subject to a competitive tender process.
Somerley is an independent specialist financial services company that works on deals relating to mainland China involving evaluation of assets and businesses, raising finance, searching for international strategic investors/partners and providing general corporate advice.
Alexander will pay Somerley an engagement fee of US$75,000 in either cash or shares.
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