Directorate Change

RNS Number : 6225S

Regency Mines PLC

23 November 2011

 



REGENCY MINES PLC

Directorate Change

Dated: 23 November 2011

Regency Mines plc ("Regency" or the "Company"), the mining exploration and mineral investment company with interests in nickel and cobalt in Papua New Guinea, nickel processing technology, and base metal exploration in Western Australia and Queensland, is pleased to announce the appointment of Scott Christopher Kaintz, aged 34, as a Director of the Company with immediate effect. 

Scott Kaintz has a BS degree in Russian from Georgetown University and an MBA degree from Columbia Business School and London Business School. After serving as an officer in the United States Air Force, where he led analyst teams researching geopolitical topics, produced analysis and recommendations, and conducted briefings, he joined L-3 Communications, a U.S. Defense firm, as European Chief Information Technology Manager. Before joining the Company in early 2011 as Head of Corporate Finance he has worked as a corporate finance executive at Yorkville Advisors LLC, where he worked on client origination and customised financing packages,  and Consilium Capital Ltd, where he worked on sell-side Merger and Acquisitions, finance raising, and prepared valuation and operating models.

Commenting on the appointment, Andrew Bell, Chairman of Regency said: 

"We are delighted to welcome Scott to the Board. As Head of Corporate Finance for Regency and the Regency Group he has led our introduction of more effective budgeting procedures, worked closely with our exploration teams on planning, and worked on the development of new funding options. His appointment strengthens our board and broadens our executive team."    

There are no further disclosures to be made in accordance with rule 17 and or Schedule Two (g) of the AIM Rules for Companies of the London Stock Exchange in connection with Mr. Kaintz's  appointment.

As at the date of this announcement Scott Kaintz owned no ordinary shares of 0.1 pence each in the issued ordinary share capital of Regency ("Shares").

For further information contact:

Andrew Bell	0207 402 4580 or 07766 474849	Regency Mines plc	Chairman
Sandra Spencer	0207 402 4580 or 07757 660 798	Regency Mines plc	Public and Investor Relations
Peter Trevelyan-Clark/ Ben Jeynes	020 7444 0800	Religare Capital Markets	Nominated Adviser
Nick Emerson	01483 413500	Simple Investments Ltd	Broker

Updates on the Company's activities are regularly posted on its website, www.regency-mines.com.

 

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