4 Oct 2021 07:00
04 October 2021
Ormonde Mining plc
("Ormonde" or "the Company")
Board Roles and additional Disclosures for New Directors
As advised as part of Ormonde's announcement of 30 September 2021, both Mr. Brendan McMorrow and Mr. Keith O'Donnell were appointed as Directors of Ormonde at the Company's Annual General Meeting ("AGM"). The nominees both bring significant relevant executive experience to the Ormonde Board.
Mr. Timmons will act as Chair, Mr. McMorrow will act as Secretary and Chair of the Audit Committee and Mr. O'Donnell will act as Independent Non-Executive Director and Chair of the Remuneration Committee.
Commenting on the Board changes, Mr. Timmons, Director and Chair, stated:
"We are pleased to have added two seasoned executives to the Board, both of whom possess the energy and experience required to take Ormonde forward into a new phase of development and value creation for shareholders."
Additional Disclosures in relation to appointments:
Mr. Brendan McMorrow
Brendan has over 25 years' experience in oil & gas and base metals mining public companies listed in London, Toronto and Dublin. He has formerly been Chief Financial Officer of Circle Oil plc, and served as a senior finance executive in Ivernia Inc. and Ivernia West plc - at the time these companies were respectively developing significant base metal mines in Western Australia and at Lisheen in Ireland. He is currently a non-executive Director of Karelian Diamond Resources plc and Conroy Gold and Natural Resources plc. He is a Fellow of the Chartered Association of Certified Accountants.
Full name: Brendan McMorrow
Age: 68
The following are the directorships and partnerships held by Brendan within the past five years:
Current directorships / partnerships | Past directorships / partnerships: |
Conroy Gold and Natural Resources plc Karelian Diamond Resources plc Dunraven Resources plc M & C Financial Services Ltd Circle Oil Tunisia Ltd | Greenfield Park Management Company Ltd |
Brendan does not hold any ordinary shares in Ormonde. There are no further details that are required to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules and Euronext Growth Rules.
Mr. Keith O'Donnell
Keith is a banker with 30 years' experience in cross border investment and corporate advisory roles. He is currently Senior Advisor at Portland Advisers, a boutique firm based in London with global expertise in the Conventional Energy, Renewable Energy, Mining, Satellite, and Infrastructure sectors. Keith is also Lead Risk Adviser at responsAbility AG, a Swiss based fund manager focussed on energy access and clean energy solutions for the developing world. Keith is a member of the Chartered Institute of Bankers and qualified for an MBA at Bayes Business School, City University, London.
Full name: Keith Laurence O'Donnell
Age: 55
The following are the directorships and partnerships held by Keith within the past five years:
Current directorships / partnerships | Past directorships / partnerships: |
JZ Consultancy Limited | Setanta Energy Investment Holding Corp. Posselton Limited KBC Finance Ireland KBC Financial Services (Ireland) Ltd |
Keith does not hold any ordinary shares in Ormonde. There are no further details that are required to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules and Euronext Growth Rules.
Enquiries to:
Ormonde Mining plc
Brian Timmons
Tel: +353 (0)1 8014184
Buchanan
Bobby Morse / Ariadna Peretz / James Husband
Tel: +44 (0)20 7466 5000
Email: ormonde@buchanan.uk.com
Davy (Nomad, Euronext Growth Advisor and Joint Broker)
John Frain / Barry Murphy
Tel: +353 (0)1 679 6363
SP Angel Corporate Finance LLP (Joint Broker)
Ewan Leggat
Tel: +44 (0)20 3 470 0470