Hartshead Resources (ASX:HHR) has announced the appointment of Carlingford-GFI, a UK-based corporate finance boutique, and the extension of the LAB Energy Advisors mandate.
The company said the financing strategies will support its Phase 1 gas fields development, after a successful farm-out of 60% of Hartshead’s P2607 license to RockRose Energy.
Hartshead also said it's is exploring several financing strategies including a conventional debt facility, publicly listed and private bonds, and possible additional equity divestment.
CEO Chris Lewis said the appointments would help the company achieve the best outcome for shareholders, and that development activities are on track for a final investment decision in the second half of CY2023.