TSTR.L Regulatory News (TSTR)

Tri-Star Resources plc ("Tri-Star" or the "Company")

Appointment of Mark Wellesley-Wood as Chairman and Board changes

25 March 2015

Tri-Star, the integrated antimony development company, is pleased to announce that Mark Wellesley-Wood has today joined the board as Non-executive Chairman. Mark is a mining engineer, with over 40 years' experience in both the mining industry and investment banking. Until recently Mark was a director of Investec Investment Banking and Securities in London. He has been closely involved in mining activities in Africa, having started his career on the Zambian copper-belt, and is a former Executive Chairman and CEO of South African gold miner, DRDGold Limited.

Mark has been working as a consultant to Tri-Star since November 2014 and has been involved in all areas of the Company's activities including, in particular, the Oman Roaster Project.

Mark takes over as Chairman from Adrian Collins, who will remain on the Board as the Senior Independent Non-executive Director.

The Company also announces that with effect from today Brian Spratley is stepping down from the Board but will continue in his executive role as Technical Director and Jocelyn Trusted and Mike Hirschfield have resigned as Non-executive Directors.

Mark replaces Jocelyn Trusted as Chairman of the Remuneration Committee and as a member of the Audit Committee.

Adrian Collins, the outgoing Chairman, commented "I am delighted to hand the baton of Chairman to Mark. With his knowledge of the Company and his extensive experience across mining and metal processing I am convinced that Mark is the right person to guide the Company through the next exciting phase of its development and have every confidence that he will complete the exciting projects the Company has embarked upon. I should also like to thank Jos and Mike for their considerable contributions to the Board."

Mark Michael Wellesley-Wood, aged 63, currently holds or has held the following directorships and partnerships in the last five years:

Mr Wellesley-Wood is beneficially interested in 2 million ordinary shares in Tri-Star. There is no other information that is required to be disclosed pursuant to Schedule 2 paragraph (g) or Rule 17 of the AIM Rules for Companies.

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