10 Dec 2014 07:00
10 December 2014
Sirius Minerals Plc
Management Change
The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY) ("Sirius" or the "Company") provide an update on management changes.
The Company and Rachel Rhodes have mutually agreed that she will leave the Company on 19 December 2014.
Thomas Staley, whose appointment as Corporate Development Director was announced on 6 August 2014, has been promoted to Chief Financial Officer. Thomas has over ten years of experience developing energy, resource and infrastructure projects across a range of international markets. His core competency is structuring commercial arrangements and financing projects utilising a wide range of capital including project and export credit backed debt, mezzanine debt and equity.
During his career Thomas has worked for Origin Energy and Babcock & Brown in Australia and Mubadala Development Company in Abu Dhabi. In addition to his broad financing experience, he was previously responsible for the financial and governance oversight of Origin Energy's portfolio of International Development projects.
Chris Fraser, Managing Director and CEO of Sirius, commented:
"On behalf of the Board I would like to thank Rachel for her contribution and wish her well in her future endeavours.
"We are pleased to be able to make this important internal promotion and in Thomas we have an outstanding talent with the core skills and leadership to help take the Company forward."
For further information, please contact:
Sirius Minerals Plc Investor Relations
|
Email: ir@siriusminerals.com |
Tel: +44 20 3772 2500 |
Joint Brokers Liberum Capital Limited |
Clayton Bush |
Tel: +44 20 3100 2222 |
Macquarie Capital (Europe) Limited (NOMAD) | Steve Baldwin, Raj Khatri | Tel: +44 20 3037 2000 |
WH Ireland
| Adrian Hadden | Tel: +44 20 7220 1666 |
Media Enquiries Tavistock | Jos Simson, Mike Bartlett, Emily Fenton | Tel: +44 20 7920 3150 |
Warrant Trading Enquiries Liberum Capital Limited |
Simon Smith |
Tel: +44 20 3100 2171 |
About Sirius Minerals Plc
Sirius Minerals is a potash development company with properties in the United Kingdom (North Yorkshire) and the United States (North Dakota). Its primary focus is the development of the York Potash Project which has the world's largest and highest grade deposit of polyhalite, a multi-nutrient form of potash containing potassium, sulphur, magnesium and calcium. Incorporated in 2003, Sirius Minerals' shares are traded on the London Stock Exchange's AIM market. Its shares are also traded in the United States on the OTCQX through a sponsored ADR facility. Further information on the Company can be found at www.siriusminerals.com.