6 Apr 2018 07:00
06 April 2018
Pembridge Resources plc("Pembridge" or the "Company")
Senior Management Appointment
London, United Kingdom - Pembridge Resources plc (LSE:PERE) ("Pembridge" or the "Company"), the mining focussed Special Purpose Acquisition Company listed on the main market for listed securities of the London Stock Exchange plc ("LSE"), is pleased to announce the appointment of Paul Fenby as Chief Financial Officer ("CFO"), with immediate effect.
Paul has over 25 years' experience in natural resources, most recently as Group CFO at Asia Resource Minerals plc, a UK listed, Indonesia focussed coal mining company, with responsibility for both the London and Jakarta listed entities.
Since 2015 he has pursued an interim management career, including the Interim CFO role at Smiths Detection, a division of Smiths Group plc.
After qualifying in 1990 as an accountant in public practice he joined ExxonMobil where he held roles in finance, strategic planning, sales & marketing and external affairs. He then held senior international finance roles at BG plc and Petrofac plc, and has lived and worked in Egypt, Kazakhstan, Malaysia and Indonesia.
Paul holds a degree from the University of Leicester, and is a Fellow of the Institute of Chartered Accountants in England and Wales.
David Linsley, Chief Executive Officer of Pembridge, commented: "The role of CFO is a vital one for our Company as we move towards closing the Minto transaction and relisting. After an extensive search, we are delighted to have been able to secure someone of Paul's calibre.
As previously announced, the Pembridge team is working closely with our advisors to prepare a new prospectus and finalise the capital raise. Paul's participation at this stage is a tremendous value add."
For further information on the Company, visit: http://www.pembridgeresources.com
For further information please contact:
Pembridge Resources PLC
David Linsley, Chief Executive Officer
T: +44 (0)207 917 2968
Joint Brokers
GMP Securities L.P. - Canada
Michael Barman
T: +1 416 367 8600
Arden Partners - United Kingdom
Fraser Marshall
T: +44 20 7614 5900
SI Capital Limited
Nick Emerson
T: +44 (0)1483 413 500
Financial Public Relations
Tavistock Communications
Jos Simson / Charles Vivian / Gareth Tredway
T: +44 (0)207 920 3150
About Pembridge Resources plc
Pembridge Resources is a mining focussed SPAC listed on the main market for listed securities of the London Stock Exchange plc. The Company's management is composed of a team of senior leaders with experience in various board and executive positions with a complementary mix of expertise in geology, engineering, project appraisal, and commercial development across a wide range of commodity groups and mining jurisdictions.
The Company recently announced that it had signed a Share Purchase Agreement with Capstone Mining Corp to acquire a 100% interest in the Minto copper mine in Canada's Yukon territory through the purchase of Capstone's 100% interest in Minto Explorations Ltd.