Cadence Mineral Regulatory News (KDNC)

Rare Earth Minerals Plc

("REM" or "the Company")


Directorate Change


London-listed Rare Earth Minerals Plc (AIM: REM), announces that Andrew Suckling has been appointed non-executive Chairman of the Company following the retirement of David Lenigas as a director.

Andrew Suckling commented:

"I look forward to leading REM through this next exciting phase of the Company's development after David has successfully helped transform this company from a shell company in to one that now has significant interests in the global lithium sector and in particular its interests in the Sonora Lithium Project in Mexico and the Cinovec Lithium/Tin Project in the Czech Republic.

"The board thanks David for his valuable contribution over the past years and wishes him well on his new focus on developing his North American and Cuban businesses."

David Lenigas added:

"I am immensely proud of what has been achieved so far in building this Company into a potentially significant participant in the global lithium market. I have planned for some time to retire from the board once Andrew was ready to take the reins as Chairman of the Company. He has an impressive record in the US marketplace and with the US ADR programme in place, I have no doubt that he will lead the Company through to success as its enters into its next important phase of development."

- Ends -

For further information, please contact: 

Rare Earth Minerals plc +44 (0) 207 440 0647


Andrew Suckling


Kiran Morzaria

WH Ireland Limited (NOMAD & Broker) +44 (0) 207 220 1666


James Joyce


Mark Leonard