5 Feb 2019 10:51
5 Feb 2019
Â
METALS EXPLORATION PLC
Â
Â
Metals Exploration plc (AIM: MTL) ("Metals Exploration" or the "Company"), the natural resources exploration and development company with assets in the Pacific Rim region.
Â
Â
Appointment of Non-Executive Director
Â
The Company is pleased to announce the appointment of Mr Andrew Stancliffe (age 41) as a non-executive director effective immediately. Mr Stancliffe has been nominated as a director by MTL (Luxembourg) Sarl Pte Ltd ("MTL Luxembourg") in accordance with the Subscription and Shareholders' Agreement which completed on 5 April 2011, and a deed of adherence signed by MTL (Luxembourg) Sarl Pte Ltd dated 27 August 2014.
Â
Mr Stancliffe's appointment is in replacement to Lucian Eduardo Simovici, MTL Luxembourg's previous nominated director, whose resignation is effective immediately. Mr Simovici has been a valued member of the board since his appointment on 19 January 2015. The board would like to express its appreciation to him for his contribution over the last 4 years and wishes him all the very best in his future endeavours.
Â
Mr Stancliffe is currently a director of Capital Financial Markets Limited. He holds no shares, warrants, options or any other financial instruments in the Company.
Â
Save as disclosed above, there are no further disclosures required to be made in respect of the appointment under Schedule 2(g) or Rule 17 of the AIM Rules for Companies.
Â
Â
Â
Â
For further information please visit or contact www.metalsexploration.com
Â
Darren Bowden (Chief Executive Officer) | +57 310 230 1620 | ||
Liam A. Ruddy (Company Secretary) | +44 (0)7904 200857Â | ||
Andrew Rodgers (Chief Financial Officer) | +61 412 429 856 | ||
  | |||
Nominated Adviser and Broker: CANACCORD GENUITY LIMITED | |||
Martin Davison, James Asensio | +44 (0) 207 523 4689 | ||
Public Relations: TAVISTOCK | |||
Barnaby Hayward, Jos Simson | +44 (0) 207 920 3150 |
Â