Arc Minerals Regulatory News (ARCM)

Ortac Resources Ltd / Epic: OTC / Market: AIM / Sector: Mining & Exploration

2 January 2018

ORTAC RESOURCES LTD 

("ORTAC" OR THE "COMPANY")

Board Appointment

Ortac Resources Ltd is pleased to announce the appointment of Jonathan de Thierry to its Board of Directors as a Non-Executive Director, as of 2 January 2018.

Jonathan, an English graduate geologist has 25 years' experience in mining and investment banking in Africa & Europe. He is a founder of Casa Mining and has raised significant capital for exploration and development of major DRC mineral projects.

Nick von Schirnding, Chairman of Ortac, commented:

"I am delighted to welcome Jonathan to the board of Ortac. Jonathan brings a wealth of experience having successfully developed a number of mining projects in the DRC. I look forward to starting 2018 with a highly experienced board and management team in place."

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

Contacts

About Ortac

Ortac Resources Limited is an AIM listed exploration and mine development company focused on a diversified portfolio of mining projects with interests in Slovakia, Eritrea, the Democratic Republic of the Congo and Zambia. 

Ortac's current holdings include:

· A recently announced, and in the process of completion, offer to acquire all the outstanding shares in CASA Mining Limited;

· A 14 percent equity interest in Zamsort Limited, a private company focused on a prospective copper and cobalt licence in Zambia, with the c. 6 percent balance and interest (convertible note) being rolled forward to the end of 2018;

· 100 percent ownership of the Kremnica Mining Licence Area in Slovakia;

· An 18.48 percent interest in Andiamo Exploration Limited, a private company exploring for resources in Eritrea.

For more information visit www.ortacresources.com

Appendix:

Jonathan Charles Wilfred de Thierry, aged 53, currently holds or has held the following directorships and partnerships in the last five years:

This announcement sets out all of the disclosures required pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies.