Altona Resources Plc, Appointment of Bell Potter Australia
Tuesday, November 6th, 2007
Altona Resources plc, the Australian based energy company, has appointed leading Australian stockbroker and financial advisory firm Bell Potter Securities Limited as its Australian financial adviser. Bell Potter will advise the Company in respect to the institutional and retail investor market in Australia, where Altona is receiving increasing media profile and investor interest.
Bell Potter is one of Australiaâ€™s largest national, full-service broking and advisory firms. Australian owned and managed, Bell Potter is focussed on the Australian market and has one of the largest retail distribution networks in the country. Bell Potterâ€™s research coverage includes emerging and small to mid cap companies.
Altona has recently announced a series of updates regarding the continuing feasibility study at its wholly owned Arckaringa Energy Project in South Australia, including the successful establishment of key governmental and commercial relationships, which have attracted significant interest in the Australian media.
Chairman of Altona, Mr. Chris Lambert commented, â€œThe interest we have received from the Australian media has significantly elevated the profile of Altona, and we look forward to working with Bell Potter to promote the Company to the Australian market, which is seen as having a strong understanding for the South Australian story and investing in large domestic resource projects.
â€œAs we put the building blocks into place at Altona and continue to establish and build key relationships, both commercially and with key government bodies, the country has certainly begun to take on board the benefits that a promising project of this size can offer Australia.â€
For further information visit: www.altonaresources.com