RMM.L Regulatory News (RMM)

16 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 Mr. Richard Round as an independent non-executive director with immediate effect. Mr. Round will chair the Audit Committee and be a member of the Corporate Compensation, Governance and Nominating Committee.

Mr. Round, until December of last year, had been an independent non-executive director at Anglo Asian Mining PLC, an AIM listed gold miner in Azerbaijan, for over 12 years. He chaired the Audit Committee during that time and is now retained as a Board Adviser. Mr Round. is also Non-Executive Chairman at Cyberhawk Holdings, a private equity backed global inspection company, and a Director of West Cumbria Mining. He has gained significant board experience during his career as CFO of several mining and AIM listed companies and as Acting Chief Executive at Novera Energy PLC when he oversaw the process of a recommended offer for over £100m.

Mr. Round qualified with the Chartered Association of Certified Accountants.

Brad Mills, Non-Executive Chairman, commented:

 "We are delighted to welcome Richard to the board, both for his AIM company expertise and also for his experience in the mining sector. As part of the Company's transformation, it is important that we strengthen corporate governance and following the recent board changes, bring Rambler back in line with the QCA guidelines for having at least two independent non-executive directors on the board. We are currently in discussions with another independent NED and will look to provide an update on this appointment in due course."

The following information regarding the appointment of Richard Calvin Round (aged 62) is required to be disclosed under Schedule 2g of the AIM Rules for Companies:

Richard Round was a director of General Materials Limited, a wholly owned subsidiary of Ferrum Holdings plc, from 13 January 1993 to 29 April 1997. A creditors voluntary liquidation process was started for this company on 11 November 1993 and the company was dissolved on 13 May 1997.

Richard Round holds no ordinary shares in the Company.

 There are no further disclosures to be made under Schedule 2g 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