Energizer Appoints HCF as Off Take and Debt Financing Advisor

July 12, 2016

Energizer Resources Inc. (TSX:EGZ)(OTCQB:ENZR)(WKN:A1CXW3) (“Energizer” or the “Company”) announces that it has appointed UK-based HCF International Advisers Limited (“HCF”) as its advisor in negotiating and structuring strategic partnerships, off take agreements and debt financing for its Molo Graphite project.

Mark Sumner, Managing Director of HCF, stated, “Molo is a very advanced project with attractive economics and in a jurisdiction that we understand. Compared to other graphite deposits, Molo has an excellent flake-size distribution and a conservative and reasonable capital cost structure, which makes it an attractive opportunity. We look forward to working with management to develop the project.”

Craig Scherba, P.Geo., President and CEO stated, “We are currently engaged in off take and partnership discussions with a number of parties and the involvement of an experienced, independent advisor like HCF will help bring structure and closure to the process. They have a proven track record of successfully negotiating off take agreements and mine financing with many international mining companies, while mitigating any country-risk concerns.”

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Energizer Appoints HCF as Off Take and Debt Financing Advisor

Energizer Resources Inc. (TSX:EGZ)(OTCQB:ENZR)(WKN:A1CXW3) (“Energizer” or the “Company”) announces that it has appointed UK-based HCF International Advisers Limited (“HCF”) as its advisor in negotiating and structuring strategic partnerships, off take agreements and debt financing for its Molo Graphite project.

Mark Sumner, Managing Director of HCF, stated, “Molo is a very advanced project with attractive economics and in a jurisdiction that we understand. Compared to other graphite deposits, Molo has an excellent flake-size distribution and a conservative and reasonable capital cost structure, which makes it an attractive opportunity. We look forward to working with management to develop the project.”

Craig Scherba, P.Geo., President and CEO stated, “We are currently engaged in off take and partnership discussions with a number of parties and the involvement of an experienced, independent advisor like HCF will help bring structure and closure to the process. They have a proven track record of successfully negotiating off take agreements and mine financing with many international mining companies, while mitigating any country-risk concerns.”

Download PDF