Shaw and Partners Financial Services is proud to have acted as Joint Lead Manager and Joint Bookrunner to the $50 million equity raising by Boab Metals Limited (ASX: BML).

Proceeds from the placement will enable Boab Metals to advance early development works at the Sorby Hills Project, acquire the remaining 25% interest from its joint venture partner, and provide funding for the DeGrussa plant acquisition. With offtake agreements secured, a processing plant acquired, and key permits in place, Boab Metals is now strongly positioned to progress financing discussions and capitalise on the robust silver market and tightening supply of industrial and precious metals.

This offer was available to Wholesale investors only (as that term is defined in the Corporations Act). Shaw and Partners Limited acted as Joint Lead Manager and Joint Bookrunner in relation to the offer and received fees for that service.