Last checked at 19 Sep 2019 07:00
19 September 2019
IRONVELD PLC
("Ironveld" or the "Company")
Directorate Change
Ironveld plc, the owner of a High Purity Iron ("HPI"), Vanadium and Titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province, South Africa (the "Project") announces that Rupert Fraser has advised the Board of his resignation as a Non-Executive Director from the Company with immediate effect.
Giles Clarke, Chairman of Ironveld commented:
"I would like to thank Rupert for his valued contribution to the Board and speak on behalf of the Company and Board in wishing him every success in the future."
For further information, please contact:
Ironveld plc Giles Clarke, Chairman Peter Cox, Chief Executive | c/o Camarco +44 20 3757 4980
|
finnCap (Financial Adviser) Christopher Raggett / Hannah Boros
Shore Capital (Nominated Adviser and Broker) Jerry Keen / Toby Gibbs
|
+44 20 7220 0500
+44 20 7408 4090 |
Camarco Gordon Poole / Kimberley Taylor / Thayson Pinedo |
+44 20 3757 4997 |
Notes to Editors:
Ironveld (IRON.LN) is the owner of a High Purity Iron (HPI), Vanadium and Titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province South Africa. Ironveld expects to mine its own VTM ore as feedstock for a 7.5 MW DC smelter which will produce speciality iron products including high purity iron powder as well as vanadium and titanium slag products.
The Definitive Feasibility Study published in April 2014 confirms the project's viability to deliver an exceptionally high-grade iron product (99.5% Fe) called High Purity Iron which commands a premium in the market place. Vanadium and Titanium slag containing commercial grades of vanadium and titanium will also be produced and sold.
Ironveld's Board includes; Giles Clarke as Chairman, Peter Cox as CEO, Vred von Ketelhodt as CFO, Nick Harrison and Duncan Harvey as a Non-Executive Directors.
Ironveld is an AIM traded company. For further information on Ironveld please refer to www.ironveld.com.