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Danakali Ltd

Danakali makes key appointment to advance Colluli Potash Project

Colluli is a Tier-1 asset and the world’s shallowest potash deposit.

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Danakali continues to bolster its ranks

Danakali Ltd (ASX:DNK) has appointed William Sandover as head of corporate development and external affairs.

Sandover joins Danakali from an executive director role at Vesparum Capital, and is a former employee of top tier investment banks including Macquarie and UBS.

Paul Donaldson, managing director, commented: "We are pleased to have Will join the Danakali executive management team.

"His skills and extensive experience in equity capital markets, corporate strategy and investor relations strongly align with our overall corporate objectives and further strengthen our team and capability."

Earlier in the month Danakali appointed Andre Liebenberg to the board as a non-executive director.

Liebenberg will be based in London, and brings extensive investor, market, finance, business development and leadership experience.

He has spent over 25 years in private equity, investment banking, and held senior roles within QKR Corporation and BHP Billiton (ASX:BHP).

Danakali holds a 50% interest in the Colluli Potash Project in Eritrea, which is the world’s shallowest potash deposit.

Quick facts: Danakali Ltd

Price: $0.66

Market: ASX
Market Cap: $173.79 m
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Danakali focused on closing project financing and kicking off construction...

Danakali Ltd (ASX:DNK, LON:DNK) CEO Niels Wage caught up with Proactive London's Andrew Scott soon after announcing they'd received credit approval for a US$200 million senior debt facility to fund construction of the Colluli Potash Project in Eritrea. He says they're continuing to assess a...

on 22/8/19

2 min read