14 Jul 2016 13:03
Kemin Resources Plc
(‘Kemin” or the “Company’)
Kemin (AIM: KEM), a molybdenum and tungsten exploration and development company with substantial interests in Kazakhstan, today announces that Non-Executive Director, Bill Trew, has stepped down from the Board by mutual consent with immediate effect.
Sanzhar Assaubayev, the CEO of Kemin, said:
“We thank Bill for his hard work and wish him well in his future endeavours.”
For further information, please visit http://www.keminresources.com or contact:
Kemin Resources Plc
Rajinder Basra (CFO) +44(0)2079322456
Strand Hanson Limited (Nomad, Financial Adviser and Broker)
Andrew Emmott / Ritchie Balmer +44(0)2074093494
Information on the Company
Kemin Resources plc (AIM: KEM) was formed into its present structure in April 2013 by the reverse take-over of GMA Resources plc by the ‘Joint Venture Kazakh-Russian Mining Company LLP’ (KRMC).
The Company is focussed on developing its two molybdenum and tungsten deposits Drozhilovskoye and Smirnovskoye. Each of the deposits is assessed to have significant value.
Kemin’s 90% owned Kazakh entity, KRMC, is the developer and future operator of the two subsoil licences that allow mining to take place at each deposit.
Both deposits are located in northern Kazakhstan.
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