Rockfire Regulatory News (ROCK)

1 March 2019

Rockfire Resources plc

("ROCK", "Rockfire" or "the Company")

Appointment of Non-Executive Director

Rockfire Resources plc (LON: ROCK), the gold and copper-focused resource company, is pleased to announce the appointment of Mr Patrick Elliott as a non-executive director of the Company, effective immediately.

Pat Elliott is an experienced resources and industrial company director. In a career spanning over 45 years, he has held senior executive positions with Consolidated Gold Fields (Australia) Limited and Morgan Grenfell Australia Limited. Pat has an MBA in Mineral Economics from Macquarie University, and a B Comm from the University of New South Wales. He has extensive management experience in a range of fields including manufacturing, mineral exploration and oil and gas exploration.

Pat is currently Executive Chairman of Argonaut Resources NL (an ASX-listed copper explorer), Cap-XX Limited and Tamboran Resources Ltd (an unlisted Australian oil and gas explorer). He is also a Non-Executive Director of Ioneer Limited (formerly Global Geoscience, an ASX-listed lithium/boron developer of the Rhyolite Ridge project in Nevada, USA) and Kirrama Resources Limited (an unlisted explorer and developer of chromite and manganese projects in Madagascar).

David Price, Chief Executive Officer of Rockfire commented; 

"Pat is an outstanding addition to the high-calibre board that Rockfire is building. Several companies that Pat has been directly involved with and indeed, has had a major impact on, have developed from micro-cap companies into +$100m companies. Pat has an excellent track record of mergers and acquisitions and has been instrumental in transformational growth of junior mining companies, which is the determined strategy of Rockfire. We look forward to building Rockfire with Pat as part of our management team". 

Patrick James Dymock Elliott, aged 66, is beneficially interested in 2,941,176 ordinary shares in Rockfire, equivalent to 0.7 per cent. of the Company's issued ordinary share capital. Pat is, or has during the last five years been, a director or partner of the following companies and partnerships:

T O'Connor Holdings Limited, a company of which Pat Elliott was a director, entered into receivership and was later liquidated in March 1998. The Company had a total deficit to creditors of A$15 million. The deficit when the receiver was appointed was A$13.9 million on the statement of claim. Secured creditors (banks and providers of performance bonds) received a full repayment of capital, but not penalty interest to which they may have been entitled.

In addition, Telminex NL, a company of which Pat Elliott was a director, entered into administration in 2004 and a deed of company arrangement was completed in March 2010. All external creditors were paid in full.

For further information on the Company, please visit www.rockfireresources.com or contact the following: