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10 May 2016 07:00
10 May 2016
Appointment and Retirement of Non-Executive Directors
Sunrise Resources plc (ticker symbol 'SRES'), the AIM-traded diversified mineral exploration and development company ("the Company"), announces the retirement of Mr. Francis Johnstone and the appointment of Mr. Roger Murphy as non-executive directors of the Company with immediate effect.
Mr. Johnstone has served the Company as a non-executive director since 2005 and the Board would like to take this opportunity to thank him for his many years of wise counsel.
Mr. Murphy is currently the Managing Director, Investment Banking, of Dundee Securities Europe Ltd. which he joined in 2012 to establish the London office with an emphasis on capital raising for mining and oil & gas companies.
Previous positions include Managing Director Renaissance Capital, successfully raising capital for a variety of companies, and Head of Sales for Canaccord Adams where he was also a member of its UK Executive Committee. Earlier in his career in the finance industry he worked in mining sales for Deutsche Bank, as a mining analyst for both Deutsche Bank and SG Warburg and as a researcher for the World Gold Council.
Mr. Murphy holds a B.Sc.Hons in Geology, a M.Sc. in Hydrogeology and an MBA. Prior to joining the mining finance industry he worked as a geologist for a number of years for various companies, including Anglovaal Mining and British Petroleum.
Commenting today, Executive Chairman Patrick Cheetham said: "I would like to add my thanks to Francis on his retirement from the Board for his many years of service to the Company. In welcoming Roger to the Board I am confident that his extensive experience in mining finance will prove to be a valuable asset for the Company."
Additional information on Roger Murphy
Roger Derek Murphy (aged 57) currently holds, and has held (including all appointments during the five years preceding the date of this announcement), the following directorships and partnerships, other than of the Company:
Current Directorships/Partnerships | Directorships/Partnerships also held within the previous five years |
Dundee Securities Europe Limited 1Dundee Securities Europe LLP 6M Management Ltd Sheba Resources Limited
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1Mr. Murphy is a partner in Dundee Securities Europe LLP, a limited liability partnership company which is currently being liquidated via a Members' Voluntary Liquidation.
Mr. Murphy does not currently hold any shares with voting rights in the Company, or any options over any of the share capital of the Company.
No further information relating to Mr, Murphy is required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules.
Further information:
Sunrise Resources plc Patrick Cheetham, Executive Chairman | Tel: | +44 (0) 1625 838 884 |
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Northland Capital Partners Limited Nominated Adviser & Broker Edward Hutton/David Hignell Broking John Howes/Rob Rees
Beaufort Securities Limited Joint Broker Jon Belliss | Tel:
Tel: | +44 (0)20 3861 6625
+44 (0)20 7382 8300
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About Sunrise Resources plc
Sunrise Resources plc is an AIM-traded diversified mineral exploration and development company. The Company's objective is to develop profitable mining operations to sustain the Company's wider exploration efforts and create value for shareholders through the discovery of world-class deposits.
The Company holds a royalty interest from EP Minerals in a diatomite project in Nevada and holds a number of other industrial minerals projects. The Company has diamond and gold exploration interests in Western Australia and has active exploration projects on a number of base and precious metal projects in Nevada, USA.
Shares in the Company trade on AIM. EPIC: "SRES"
http://www.sunriseresourcesplc.com
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