Maxtech Ventures Inc (CSE:MVT) has hired Australian-boutique Peak Asset Management as its strategic adviser to identify growth opportunities for high-grade manganese and vanadium.
Peak and its team have a long track record of backing corporate deals and their investment experience spans over 50 years, with prominent positions at firms such as Macquarie Bank, Bell Potter Securities and Goldman Sachs.
"Peak is extremely excited to be working alongside Maxtech and its team, driving additional value for the company," said Peak founder Niv Dagan.
"We are impressed with the company's underlying assets in Brazil and Zambia and see a significant opportunity to leverage off our strong presence in Australia and Asia to attract strong strategic interest."
Peak has been appointed for an initial term of six months.
In return, it will be entitled to 300,000 options to acquire shares in Maxtech at an exercise price of C$0.30 and a further 300,000 options exercisable at C$0.50 and an 8% capital raising fee on any capital raised.