Franklyn brings considerable experience in international capital markets to the board, which will bring addition experience to Elemental as the company enters the next phase of project development of the company's world-class Sintoukola potash project.
Franklyn has been Partner at Corrs Chambers Westgarth since 2010 and has over 22 years' experience as a corporate lawyer, with global skills advising companies listed on a range of international exchanges including ASX, TSX, JSE, NASDAQ, NYSE, AIM and LSE - while also advising a number of African transactions, plus experience dealing with Chinese State Owned Enterprises.
Elemental potential not lost on Canada's National Bank Financial
Earlier in the work Canada's National Bank Financial placed a C$1.10 price target on Elemental, and said that the Sintoukola project has the potential to be among the world's lowest cost greenfield potash projects - given the shallow and high-grade nature of the Kola deposit.
The price target is around double the $0.57 last traded price of Elemental.
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