Board Changes

RNS Number : 9981L

Anglo Pacific Group PLC

01 May 2015

 

News Release

May 1, 2015

Anglo Pacific Group PLC

Board Changes

Anglo Pacific Group PLC ("Anglo Pacific" or the "Company") (LSE: APF, TSX: APY) is pleased to announce the appointment of Patrick Meier as an independent non-executive director of the Company, effective from April 30, 2015.

Patrick has over 30 years' experience in investment banking with specialist knowledge of the Mining sector. Most recently he headed up the investment banking activities for RBC Capital Markets in Europe and Asia and drove a major expansion of RBC's European presence. Prior to this role he headed up RBC's activities in the Metals and Mining sector in Europe, Africa and Asia for many years, and continues to enjoy strong relationships within the sector. He also served as a Director on the Board of RBC's main operating subsidiary in Europe.

Patrick has an MA in Natural Sciences from Cambridge University.

Mike Blyth, Chairman of the Company, comments on the board changes:

"Anglo Pacific is delighted to welcome Patrick Meier to the Board.  Patrick's extensive experience in investment banking, combined with his well established relationships within the mining sector and his understanding of the drivers of business expansion will prove invaluable to Anglo Pacific as the Company continues its development as a leading international diversified royalty company."

Patrick Meier, incoming non-executive director, commented:

"I am delighted to have been invited to join the board of Anglo Pacific. Following a challenging year, the Company is at an exciting point having acquired the Narrabri royalty and completed the associated fundraising. The Company looks to be ideally placed to take advantage of opportunities as they present themselves and I trust that my experience and knowledge will assist the Company in the pursuit of these opportunities."

In accordance with the Listing Rules, there are no additional matters that would require further disclosure under LR 9.6.13 in relation to the appointment.

For further information:

Anglo Pacific Group PLC Mike Blyth - Chairman Julian Treger - Chief Executive Officer Kevin Flynn - Company Secretary	[phone]
Website:	www.anglopacificgroup.com
Bell Pottinger Nick Lambert/Lorna Cobbett	[phone]

Notes to editors:

About Anglo Pacific

Anglo Pacific Group PLC is a global natural resources royalty company. The Company's strategy is to develop a leading international diversified royalty company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.

 

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