31 May 2019 07:00
31 May 2019
Trans-Siberian Gold plc
("TSG", the "Company" or the "Group")
Appointment of Director
Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Russia, is pleased to announce the appointment of Eugene Antonov to the Board as Chief Operating Officer with immediate effect.
Mr Antonov has more than 20 years' experience in the mining industry including senior operational and financial appointments with companies including Kinross and Bema Gold Corporation. Mr Antonov has been the COO of TSG in a non-board capacity since 1 August 2018. Mr Antonov holds an MBA from the Rotman School of Management in Toronto and is also a member of the Chartered Professional Accountants in Canada.
Mr Antonov's appointment strengthens the depth of the TSG Board. The Board comprises two executive directors and five non-executive directors, two of whom are considered independent.
Mr Eugene Antonov, aged 44, does not currently hold any Ordinary Shares in TSG. As announced on 3 May 2019, Mr. Antonov has entered into a conditional SPA to purchase 80,249 ordinary shares pursuant to the Secondary Sale.
There are no further disclosures to be made under Schedule 2g of the AIM Rules for Companies.
Alexander Dorogov, Chief Executive Officer of TSG, commented:
"I am delighted to welcome Eugene to the Board of TSG. Eugene's appointment recognises his contribution to the Company and the senior management team to date and I look forward to continuing to work closely with Eugene as a member of the Board."
ENDS
Contacts: |
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TSG |
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Stewart Dickson | +44 (0) 7799 694195 | |
Arden Partners plc |
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Paul Shackleton (Corporate Finance)Tim Dainton / Fraser Marshall (Equity Sales) | +44 (0) 207 894 7000 |
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Hudson Sandler (Financial PR) | +44 (0) 207 796 4133 |
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Charlie Jack / Katerina Parker |
About TSG
TSG is focused on low cost, high grade mining operations and stable gold production from its 100% owned Asacha Gold Mine in Far East Russia. The Group also holds the licence for the development and exploration of the Rodnikova deposit, one of the largest gold fields in South Kamchatka.
Additional information is available from the Company's website: www.trans-siberiangold.com
Market Abuse Regulations
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.
Disclaimer
This announcement contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets, fluctuations in interest and/or exchange rates and metal prices; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements.