Hedge Fund Awards 2014

2014 International Hedge Fund Awards 15 www.acquisition-intl.com Ebullio recently announced that it has concluded a Share Purchase Agreement with Red Crescent Resources to acquire all of its mining assets in Turkey. The assets are all ideal for the breakthrough AmmLeach and Hyperleach technologies owned by the London listed company Alexander Mining with whom Ebullio entered into a Strategic Technical Partnership in October 2013. Ebullio will use Alexander’s technology to become one of the largest producers of Copper and Zinc in Europe by the year 2023. Steffensen added: “We are delighted that the acquisition (of RCR) has reached its final stage and are very optimistic on the future for Ebullio Resources. We are committed to building the next generation of low cost Copper and Zinc production with minimal environmental impact” “Building on the performance of 2013, we expect continued solid returns through 2014.It is rewarding to see our longer term plans coming to fruition”.