Stratmin Global Resources Regulatory News (STGR)

26 May 2015

StratMin Global Resources Plc

("StratMin" or the "Company")

Appointment of Chief Executive Officer

StratMin (AIM: STGR), London's only listed graphite mining and production company is pleased to announce the appointment of Mr Brett Boynton, CFA as Chief Executive Officer (CEO) and an Executive Director of StratMin with immediate effect. Mr Manoli Yannaghas, current Managing Director, is standing down from the Board with immediate effect but will be working through a transition period and handover with Mr Boynton. He remains a shareholder and long term supporter of the Company.

Mr Yannaghas became Managing Director in July 2013 with a mandate to stabilise the merger between Graph Mada and Stratmin and to bring the Company's first operation, the Loharano project, into production. Under Mr Yannaghas' guidance, the Company has successfully transitioned from project developer to commercial operator with the signing of an off-take agreement, commissioning of the first plant and most recently delivering high grade 94% carbon in graphite for sale to our offtake partner. The Company has continued with successful exploration work to expand the asset base and is well positioned as a leader in the rapidly growing graphite market. Mr Yannaghas has built a strong in-country management team and leaves the Company well placed for the next stage of growth.

Mr Boynton is an experienced corporate financier with expertise as an investment banker in capital markets, mergers, acquisitions and private equity. More recently he has focused on project development in the resources industry, having funded and founded a number of Australian resource companies including DEI Ltd, Signature Gold Ltd and Tellus Holdings Ltd. Mr Boynton currently heads up the joint venture partner of Agripower Australia Limited, a private equity backed industrial minerals company focused on silicon products. Agripower is one of Australia's largest industrial minerals companies and has a mining and processing operation very similar in nature to Stratmin's graphite production. AgriPower's extensive R&D program and global distribution provide a strong network for Stratmin to benefit from.

Mr Boynton has an undergraduate degree in Economics and Accounting from the University of Cape Town and an MBA from the highly regarded Fuqua program at Duke University in the USA. He has significant international finance experience as a senior banker with UBS and Credit Suisse in London, New York and Sydney.

In 2010, Mr Boynton left investment banking to co-found Tellus Holdings, a mining and hazardous waste management company with a portfolio of Australian assets. Here he led corporate development from seed funding of the company to asset acquisition, joint venturing and development of key commercial relationships. Mr Boynton managed the build out of the board of the company and stepped down as an Executive Director at the end of 2014 to begin working with Stratmin and its key shareholders.

During this period, he also founded Signature Gold, an investment company with a portfolio of Intrusion Related Gold Systems. Mr Boynton was the lead executive on the development of a portfolio of gold exploration properties and, as at Tellus Holdings, he led the development of financing from private and institutional investors as well as sourcing and managing the acquisition of a number of assets for the company. Mr Boynton's Sydney based technical team has a wealth of experience in exploration, development, mine management and process engineering including operational expertise in graphite and in Africa. Mr Boynton himself comes from a mining family with deep roots in Southern Africa.

Mr Yannaghas' Settlement Agreement

In accordance with the terms of Mr Yannaghas' settlement agreement, he has been issued 715,355 new ordinary shares of 4 pence each in the Company ("Ordinary Shares") in lieu of unpaid salary (the "Salary Shares"). Mr Yannaghas is classified as a Related Party under the AIM Rules and the issue of the Salary Shares is therefore a related party transaction. In accordance with the AIM Rules, the Directors of the Company, with the exception of Mr Yannaghas, having consulted with the Company's Nominated Adviser, Strand Hanson Limited, consider the terms of the Salary Shares to be fair and reasonable insofar as the Company's shareholders are concerned.

Application has been made to the London Stock Exchange for admission of the new Ordinary Shares to trading on AIM and it is expected that Admission will take place and that trading will commence on AIM on or around 29 May 2015. Following admission of the new Ordinary Shares, the Company will have a total of 133,242,004 Ordinary Shares in issue with each share carrying the right to one vote.

Total Voting Rights

The Company has no Ordinary Shares held in treasury. The aforementioned total number of voting rights in the Company following the issue of the new Ordinary Shares will therefore be 133,242,004. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Laurie Hunter, Chairman, commented:

"We thank Manoli for his commitment to the Company, bringing it to its current stage of development as a stable graphite producer with strong foundations for growth.

"I am delighted that Brett has accepted the invitation to become CEO. He is highly experienced and has impressive contacts in the Industrial Minerals space. I believe he has the drive and ability to take StratMin into the next stage of development and I am confident that he will make an excellent CEO."

Brett Boynton, incoming CEO, commented:

"I am very excited to be joining StatMin and working with the team to build a leader in the global graphite space. The Company is in an enviable position as one of very few graphite plays actually in production. This is an excellent platform for growth. The quality of the asset and now proven low operating cost environment in Madagascar will give us a sustainable advantage over other graphite developers. As an investor and investment advisor over the last 20 years I have evaluated a large number of resource opportunities and Stratmin is a standout with a strong foundation asset, producing cash flow and exceptional expansion potential

"I am looking forward to meeting our UK based investors and sharing some of our strategic plans for the Company.

"Our initial focus will be on further optimisation of the current operation but we are already working on expansion opportunities. The Australian market is really focused on graphite at the moment with successful companies achieving excellent valuations. I will be taking the Stratmin story to this audience to diversify the London shareholder base."

Additional Information on Mr Brett Boynton

The following additional information is provided in accordance with paragraph (g) of Schedule Two to the AIM Rules for Companies:

Robert Brett Boynton (aged 42)

There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.

Enquiries

For further information please visit www.stratminglobal.comor contact: