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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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UPDPPGPAPUPWPGQ
Date   Source Headline
26th Apr 20227:00 amRNSEXERCISE OF OPTIONS AND ISSUE OF EQUITY
25th Apr 20227:00 amRNSFurther high-grade assay results at Elizabeth Hill
13th Apr 20227:00 amRNSExercise of Warrants and Issue of Equity
31st Mar 20227:00 amRNSInvestor Forum
30th Mar 20227:00 amRNSNew high-grade ridge targets defined at Hancock
28th Mar 202212:35 pmRNSHolding(s) in Company
28th Mar 20227:00 amRNSUpdate on Mexican Silver and Copper Projects
25th Mar 20227:00 amRNSHolding(s) in Company
24th Mar 202210:16 amRNSHolding(s) in Company
22nd Mar 20227:00 amRNSAcquisition of Munni Munni Project Completed
2nd Mar 20227:00 amRNSHigh-grade Iron Ore drill intercepts at Hancock
28th Feb 20227:00 amRNSAustralian FIRB approval for Munni Munni Project
23rd Feb 20227:00 amRNSIssue of Equity and Updated Director Disclosure
10th Feb 202211:43 amRNSExercise of Warrants and Issue of Equity
10th Feb 20227:00 amRNSDrilling of key Mexican silver assets to commence
8th Feb 20224:41 pmRNSSecond Price Monitoring Extn
8th Feb 20224:36 pmRNSPrice Monitoring Extension
8th Feb 20228:48 amRNSHolding(s) in Company
7th Feb 20227:00 amRNSInvestor Forum
4th Feb 20228:00 amRNSCorporate presentation
4th Feb 20227:00 amRNSContinued high-grade iron ore results from Hancock
28th Jan 202212:02 pmRNSHolding(s) in Company
28th Jan 202211:06 amRNSSecond Price Monitoring Extn
28th Jan 202211:00 amRNSPrice Monitoring Extension
27th Jan 20227:00 amRNSAlien intersects bonanza silver at Elizabeth Hill
26th Jan 20224:41 pmRNSSecond Price Monitoring Extn
26th Jan 20224:36 pmRNSPrice Monitoring Extension
26th Jan 20227:00 amRNSInvestor Event
21st Jan 202211:57 amRNSMunni Munni acquisition completion date extension
21st Jan 20227:00 amRNSExercise of Warrants and Issue of Equity
19th Jan 20227:00 amRNSInvestor Presentation
12th Jan 20227:00 amRNSDrilling identifies extensions to Hancock Project
29th Dec 20219:15 amRNSDirector/PDMR Shareholding
24th Dec 202111:06 amRNSSecond Price Monitoring Extn
24th Dec 202111:00 amRNSPrice Monitoring Extension
22nd Dec 20217:00 amRNSAcquisition of 70% of Munni Munni Project
9th Dec 20217:00 amRNSElizabeth Hill Silver Mine set to be re-opened
7th Dec 20214:36 pmRNSHolding(s) in Company
1st Dec 20217:00 amRNSNew Iron Ore Company to expedite development
24th Nov 20217:00 amRNSAcquisition of 30% of Munni Munni Project
18th Nov 20217:00 amRNSNickel, Copper and PGE defined at Elizabeth Hill
15th Nov 20217:00 amRNSExercise of Warrants and Issue of Equity
11th Nov 20217:00 amRNSDrilling recommences at Hancock Iron Ore Project
4th Nov 20212:05 pmRNSSecond Price Monitoring Extn
4th Nov 20212:00 pmRNSPrice Monitoring Extension
4th Nov 202111:50 amRNSResult of Placing
4th Nov 20217:00 amRNSProposed Placing and Appointment of Broker
26th Oct 20214:41 pmRNSSecond Price Monitoring Extn
26th Oct 20214:35 pmRNSPrice Monitoring Extension
22nd Oct 20217:00 amRNSAppointment of Non-Executive Director

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