RMM.L Regulatory News (RMM)

22 February 2021

Appointment of NED

London, England, Newfoundland and Labrador, Canada - Rambler Metals and Mining plc (AIM: RMM) ("Rambler" or the "Company"), a copper and gold producer, explorer, and developer, today announces the appointment of Ms. Priya Patil as an independent non-executive director with immediate effect. Ms. Patil will be a member of both the Audit Committee and the Compensation, Corporate Governance and Nominating Committee.

Ms. Patil is a senior public company executive and investment banker with international finance and legal experience spanning over 20 years. For three years she was an independent non-executive director and chair of the Audit Committee at Alexandria Minerals Corporation, a TSX-V listed gold exploration company in Quebec, Canada, until it was acquired by O3 Mining Inc. in August 2019. She was global general counsel for mining firms and managing director of investment banking for full service capital market firms and was the Global Head of Business Development of Diversified Industries covering Financial Institutions; Communications and Media; Real Estate; Utilities and Pipelines; Consumer and Industrial Manufacturing and Services; and Paper and Forest Products at the Toronto Stock Exchange and TSX Venture Exchange for over two years as the primary contact for pension funds, private equity funds and pre-IPO corporations. Ms. Patil currently serves as a director of the Council of the Great Lakes (not for profit) and is a member of the advisory board of the University of Ottawa Faculty of Law.

Ms. Patil is a member of the State Bar of California, the Ontario Bar, and the Institute of Corporate Directors.

Brad Mills, Non-Executive Chairman, commented:

"We are very pleased to welcome Priya to the board, both for her legal and investment banking expertise and for the strategic acumen she brings to the Company. With her appointment, the Company has strengthened its corporate governance and we look forward to starting work with our new directors and operating as a strong and cohesive unit."

AIM Schedule 2(g) disclosures

During the last five years preceding her appointment at Rambler, Priya Patil (age 58) holds or has held directorships as follows:

Ms. Patil holds no ordinary shares in the Company.

Upon migrating to Canada and for ease of use, she legally changed her name to Priya Patil, her widely known name and an abbreviated version of her given name Priyamvada Moreshwar Patil.

There are no further disclosures to be made under Schedule 2(g) of the AIM Rules for Companies.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

**ENDS**

ABOUT RAMBLER METALS AND MINING

Rambler is a mining and development company that in November 2012 brought its first mine into commercial production. Rambler has a 100 per cent ownership in the Ming Copper-Gold Mine, a fully operational base and precious metals processing facility and year-round bulk storage and shipping facility; all located on the Baie Verte peninsula, Newfoundland and Labrador, Canada.

Rambler's focus is to regain its production profile at 1,350 metric tonnes per day at 2% Cu in the course of 2021 and evaluate expansion opportunities from that base.  

Along with the Ming Mine, Rambler also owns 100 per cent of the former producing Little Deer/Whales Back copper mines.

 Rambler is listed in London under AIM:RMM.

For further information, please contact:

Website: www.ramblermines.com