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Pin to quick picksHarvest Mi (di) Regulatory News (HMI)

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Board Changes

19 Mar 2018 07:00

RNS Number : 0638I
Harvest Minerals Limited
19 March 2018
 

 

Harvest Minerals Limited / Index: LSE / Epic: HMI / Sector: Mining

19 March 2018

Harvest Minerals Limited

("Harvest" or the "Company")

Board Change

 

Harvest Minerals Limited, the AIM listed fertiliser producer, announces that Mr David Burton has unexpectedly resigned from the Board of Directors for personal reasons. The Company sincerely wishes him well for the future and thanks him for his contribution to Harvest.

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

**ENDS**

 

For further information please visit www.harvestminerals.net or contact:

 

Harvest Minerals Limited

Brian McMaster (Chairman)

Tel: +44 (0) 20 7317 6629

Strand Hanson Limited

(Nominated & Financial Adviser)

James Spinney

Ritchie Balmer

Tel: +44 (0)20 7409 3494

Shard Capital Partners LLP

Damon Heath

Tel: +44 (0) 207 186 9900

St Brides Partners Ltd

Isabel de Salis

Gaby Jenner

Tel: +44 (0)20 7236 1177

Notes

Harvest Minerals (HMI.L) owns the Arapua Fertiliser Project in Brazil, which produces and sells KPfértil, a proven, multi-nutrient, slow release, natural fertiliser and remineraliser, that offers many economic and agronomic benefits. Covering 14,946 hectares and located in the heart of the Brazilian agriculture belt in Minas Gerais, Arapua is a shallow, low cost mine with an indicated and inferred resource of 13.07Mt at 3.1% K2O and 2.49% P2O5. This resource translates into a mine life of over 100 years at a rate of 450k tonnes per annum and crucially is based on drilling just 6.7% of the known mineralisation, leaving significant upside potential. Given that Brazil currently imports 90% of the fertiliser it uses but has set a target to be self-sufficient in fertilisers by 2020, Harvest is ideally placed to address the increasing demand for locally produced fertiliser.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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