Fortbridge Media ReleaseRico Resources [ASX: RRI] - Appoints Evercore PartnersRico Resources Limited (ASX: RRI) announces the appointment of international investment banking advisory firm Evercore Partners (Evercore) to assist its Board of Directors with the evaluation of strategic alternatives for the Company.
The Company has received a number of expressions of interest to acquire or partner with Rico on the development of Wonmunna, its flagship high-grade direct shipping iron ore (DSO) project. As a result, Rico has initiated a strategic review of its alternatives in the context of maximization of shareholder value.
Please see attachment for more details.
For further information, please contact:
McAndrew Rudisill
Managing Director
Jose Miguel Smith
Managing Director, Evercore Partners
Media/investor enquiries:
Luke Dean
Fortbridge
T: +612 9003 0477
M: +61 414 535 433
E:
Bill Kemmery
Fortbridge
T: +612 9003 0477
M: +61 400 122 449
E: