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Market Cap: £15.42m
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Management Changes

27 Dec 2023 07:00

RNS Number : 8478X
Alien Metals Limited
27 December 2023
 

 

 

Trading Symbols

AIM: UFO

FWB: I3A1

27 December 2023

 

Alien Metals Ltd

("Alien" or "the Company")

 

Management Changes

 

Alien Metals Ltd (AIM: UFO), a global minerals exploration and development company advises that Mr Troy Whittaker, Chief Executive Officer, of Alien Metals Limited, will resign with effect from 31 December 2023.

Mr Alwyn Vorster, Non-Executive Chairman, and Mr Guy Robertson, Executive Director, will provide the necessary support as the Company finalises details of the new management team, which is expected to be appointed shortly.

The Company expects to make an announcement in the coming week about the new executive management team, who are expected to commence in early January 2024.

The Board would like to thank Troy for the positive progress the Company made during 2023, culminating in the finalisation of the Mining Agreement for the Hancock Iron Ore Project. The Board intends to keep accelerating exploration and development of the Hancock Iron Ore Project, and Pinderi Hills base metals Project in 2024.

For further information please visit the Company's website at www.alienmetals.uk, or contact:

 

Beaumont Cornish Limited (Nomad)

James Biddle / Roland Cornish Tel: +44 (0) 207 628 3396

 

WH Ireland Ltd (Joint Broker)

Harry Ansell / Katy Mitchell Tel +44 (0) 207 220 1666

 

Yellow Jersey (Financial PR)

Charles Goodwin / Shivantha Thambirajah / Soraya Jackson Tel: +44 (0) 20 3004 9512

 

Notes to Editors:

Alien Metals Ltd is a mining exploration and development Company listed on the AIM market of the London Stock Exchange (LSE: UFO). The Company's focus is on delivering a profitable, long life direct shipping iron ore operation based out of the Pilbara in Western Australia. In 2019, the Company acquired 51% of the Brockman and Hancock Ranges high-grade (Direct Shipping Ore) iron ore projects and in December 2022 moved to 90% legal and beneficial ownership. The Company also acquired 100% of the Vivash Gorge Iron Ore project in the west Pilbara in July 2022.

The Company acquired 100% of the Elizabeth Hill Silver Project, which consists of the Elizabeth Hill Historic Mining Lease and the 115km2 exploration tenement around the mine.

In March 2022 the Company acquired 100% of the former joint venture interest in the Munni Munni Platinum Group Metals and Gold Project in the West Pilbara, Western Australia, one of Australia's major underexplored PGE and base metals projects. Munni Munni holds a historic deposit containing 2.2Moz 4E PGM: Palladium, Platinum, Gold, Rhodium.

In May 2023, the Company acquired 100% of Mallina Exploration Pty Ltd and with it, the Western Hancock Tenement. The new tenement adjoins the Company's existing Hancock tenement, giving the entire Hancock project direct access to the Great Northern Highway.

The Company also holds silver, copper and base metal projects in various locations around the world however is currently looking at the best way to divest these for the benefit of shareholders.

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Date   Source Headline
17th Dec 202511:15 amRNSDrill Program Commenced at Munni Munni
16th Dec 20257:08 amRNSAppointment of Non-Executive Director
11th Dec 20257:00 amRNSPlacing to raise £1.8 million
4th Dec 20257:00 amRNSArtemis and West Coast sign MoU on Radio Hill
3rd Dec 20257:00 amRNSGreenTech raise A$5.2m for Munni Munni exploration
1st Dec 20254:59 pmRNSNotice of AGM
1st Dec 20257:00 amRNSConditionally secures JV partner for Munni Munni
24th Nov 20257:00 amRNSAdditional Silver Confirmed at Elizabeth Hill
13th Nov 20257:00 amRNSAircore Programme Underway at Elizabeth Hill
5th Nov 20257:00 amRNSNative Silver intersected at Elizabeth Hill
29th Oct 20259:00 amRNSJV Partner announces Quarterly Activities Report
27th Oct 20257:00 amRNSIssue of Shares and Total Voting Rights
15th Oct 20257:00 amRNSPhase 2 Drilling Has Commenced at Elizabeth Hill
29th Sep 20257:00 amRNSUnaudited Consolidated Interim Results
24th Sep 202511:11 amRNSHigh-Grade Intercepts & Drilling at Elizabeth Hill
12th Sep 20254:13 pmRNSExercise of Warrants and Issue of Equity
11th Sep 20252:15 pmRNSBoard Changes
2nd Sep 20257:00 amRNSIntensified field exploration recommences at EH
22nd Aug 20259:23 amRNSHigh-grade silver intercepts at Elizabeth Hill
5th Aug 202512:44 pmRNSTwelve near mine high-priority targets defined
31st Jul 20253:30 pmRNS-RJoint Venture Quarterly Activities Report
28th Jul 20257:00 amRNSSilver Assays at Elizabeth Hill - Replacement
22nd Jul 202510:38 amRNSSignificant Silver Assays at Elizabeth Hill
16th Jul 20257:54 amRNSExceptional Silver Assays from Drill Holes at EH
3rd Jul 20257:00 amRNSTransformational Exploration Target at Hancock
24th Jun 202510:37 amRNSFY24 Results Ended 31 December 2024
11th Jun 20258:56 amRNSShallow High-Grade Silver Mineralisation at EH
10th Jun 20257:00 amRNSFieldwork Restart at Hancock and Drilling at EH
30th May 20257:35 amRNSDrilling Commences at Elizabeth Hill Project
23rd May 20259:24 amRNSMobilisation Commences for Inaugural Drilling
22nd May 20254:12 pmRNSPlacing to raise £1.0 million
21st May 202511:46 amRNSHancock Awarded Two New Exploration Leases
20th May 20258:04 amRNSSignificant Transaction to secure JV Partner
15th May 20259:30 amRNSHigh-Grade Silver Results around Elizabeth Hill
15th May 20259:15 amRNSPinderi Hills gets A$25,000 grant by WA Government
8th May 20258:30 amRNSJV Announces Drilling Partner for Elizabeth Hill
29th Apr 202510:33 amRNS-RJV Partner Announces Quarterly Activities Report
23rd Apr 202511:58 amRNSIssue of Shares and Total Voting Rights
22nd Apr 20251:28 pmRNSJV Partner Announces Silver Drilling Imminent
9th Apr 202511:08 amRNSExperienced Mining Team To Advance Hancock
2nd Apr 20257:00 amRNSJoint venture partner commences fieldwork
24th Mar 20258:12 amRNSConditionally secure JV Partner for Silver Project
19th Mar 202511:15 amRNSPinderi Hills Update and Appointment of Adviser
24th Feb 20258:15 amRNSAdvancements to Hancock West Tenement Applications
15th Jan 20257:00 amRNSRescheduled Investor Webinar
16th Dec 202412:00 pmRNSResult of AGM
10th Dec 20247:00 amRNSPostponement of End-of-Year Investor Webinar
6th Dec 202410:52 amRNSEnd-of-Year Investor Webinar
26th Nov 20247:00 amRNSWA Government Awards EIS Grant for Pinderi Hills
22nd Nov 20247:00 amRNSResolutions for AGM and Proxy Vote Form

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