Last checked at 6 Jul 2017 07:00
Ortac Resources Ltd / Epic: OTC / Market: AIM / Sector: Mining & Exploration
6 July 2017
ORTAC RESOURCES LTD
("ORTAC" OR THE "COMPANY")
Board Appointment
Ortac Resources Ltd ("Ortac"), the AIM listed exploration and mine development company operating in Europe and Africa, is pleased to announce the appointment of Brian McMaster to its Board of Directors as a Non-Executive Director, as of 01 August 2017.
Brian has extensive experience in the mining sector, having been involved in the industry for over 20 years. Brian also has considerable capital markets expertise and is currently a Director of Harvest Minerals Limited (AIM:HMI), Jangada Mines (AIM:JAN), Valor Resources Limited (ASX:VAL) and Five Star Diamonds Limited (TSX-V:STAR).
Brian is a member of The Institute of Chartered Accountants in Australia and was until 2011 a partner at restructuring and capital advisory firm, Kordamentha. Prior to that he was a partner at Ernst & Young.
Nick von Schirnding, Non-Executive Director of Ortac, commented:
"I am delighted to welcome Brian to the board of Ortac. Having worked closely with Brian over the past few years we look forward working with Brian as Ortac enters an exciting phase of the Company's development. Brian has a strong track record of delivering value for shareholders and I firmly believe he will be a major asset to the Company."
Contacts
Ortac Resources Ltd Vassilios Carellas (CEO)
| +44 (0) 20 3874 8664 |
SP Angel (Nominated Adviser & Broker) Ewan Leggat / Lindsay Mair
Celicourt Communications (PR) Mark Antelme / Jimmy Lea | +44 (0) 20 3470 0470
+44 (0) 20 7520 9261
|
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 Congo and Zambia.
In addition to its 100% holding in the Kremnica Mining Licence Area in Slovakia, Ortac also holds an 18.48% interest in Andiamo Exploration Limited, a private company exploring for resources in Eritrea; a convertible in Zamsort Limited, a private company located in Zambia, which is convertible into a 19.35% interest; and a convertible in CASA Mining Ltd, a private gold mine development company advancing the large-scale Misisi Gold Project in the Democratic Republic of the Congo, which is convertible into a 45% interest.
For more information visit www.ortacresources.com
Appendix:
Brian Keith McMaster, 46, currently holds or has held the following directorships and partnerships in the last five years:
Current Directorships | Past Directorships |
Bounty Mining Limited | Alloy Steel Corporation Limited |
Brazphis Pty Ltd | Alvo Energy Limited |
Contango Holdings Plc | Auzfert Pty Ltd |
Fat Hog Pty Ltd | Blackstar Petroleum Limited |
Five Star Diamongs Limited | Brazil Graphite Pty Ltd |
FSD Brazil Limited | Castillo Copper Limited |
Garrison Capital Partners Limited | Copper Range (SA) Pty Ltd |
Garrison Capital (UK) Limited | Fair Capital Pty Ltd |
Garrison Capital (Victoria) Pty Ltd | Firestone Energy Limited |
Harvest Minerals Limited | FSD Management Pty Ltd |
Hudson Bay Investments Pty Ltd | Garrison Capital Pty Ltd |
Jangada Mines Plc | Garrison Equities Pty Ltd |
Nomad Mining Pty Ltd | Golden Spur Resources Pty Ltd |
Pedra Branca do Brasil Mineracao Ltda | Goldtime Asset Pty Ltd |
South Coast Angus Pty Ltd | Haranga Resources Limited |
Vega Potash Limited | Hudson Bay Pastoral Pty Ltd |
Valor Resources Limited | IODM Limited |
Lindian Resources Limited | |
Paradigm Metals Limited | |
Paradigm Queensland Pty ltd | |
Sierra Oil Limited | |
Southland Beff Pty Ltd | |
Strzelecki Mining Limited | |
Surat Gas Pty Ltd | |
Tharsis Mining Pty Ltd | |
The Colonial Copper Company Pty Ltd | |
The Waterberg Coal Company Limited | |
Tungsten NSW Pty Ltd | |
Union Resources Pty Ltd | |
United Grain Farms Pty Ltd | |
Valor Resources Limited | |
Voyager Exploration Pty Ltd | |
Watershed Land Limited | |
Watershed Premium Wines Limited | |
Westar Industrial Limited | |
Wolf Petroleum Ltd | |
WWHD Property Ltd |
This announcement sets out all of the disclosures required pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies.