ETM appoints Ballard Partners and Cohen & Company for Nasdaq listing

Global critical minerals developer Energy Transition Minerals (ASX: ETM) has appointed highly regarded strategic advisors Ballard Partners to support its plans to list in the United States.

ETM is advancing significant exploration projects in North America, Greenland, Spain and Western Europe at a time when the US government is pouring funds into the development of a domestic critical minerals supply chain.

In its role with ETM, Ballard Partners will provide advice on public policy and regulatory issues and support ETM’s role as a responsible commercial participant in critical minerals markets.

Extensive experience

ETM managing director, Daniel Mamadou, noted that Ballard Partners has extensive experience advising clients in the critical minerals sector on how to protect and advance their strategic interests. He added that expanding engagement with US stakeholders and exploring a Nasdaq listing requires leading specialists to navigate the market’s unique challenges. He also emphasized that appointing local public affairs experts will help ensure the right support to navigate regulatory and investor relationships, accelerate North American engagement, and further the international strategy.

Cohen & Company appointment

The Ballard Partners appointment followed ETM’s naming of Cohen & Company Capital Markets as exclusive US financial advisors in the move to seek a Nasdaq listing. Mamadou said the listing would give ETM access to US capital markets, broaden its global investor base and align the company with Western initiatives to secure supply chains for energy transition applications.

The company also recently added to its international advisory board with the appointment of former Danish foreign minister, Jeppe Kofod and former Danish ambassador to the US, China, and Germany, Friis Arne Petersen.

Just before the New Year, ETM also reported that final procedural barriers had been removed for the grant of an exploitation licence for the Kvanefjeld rare earths project in Greenland.