Directorate Change

RNS Number : 6022C

Griffin Mining Ld

19 March 2014

 

60 St James's Street, London SW1A 1LE, United Kingdom

Telephone: + 44 (0)20 7629 7772  Facsimile:  + 44 (0)20 7629 7773

E mail: [e-mail]

Appointment of Director

19th March 2014

Griffin Mining Ltd ("Griffin" or "the Company") is pleased to announce the appointment of Mr Adam Usdan as a non-executive director of the Company.

Mr Usdan, aged 52, is the President of Trellus Management Company LLC, an equity hedge fund based in the U.S. Mr Usdan founded Trellus Management in January 1994 and has been in the investment advisory industry for over 25 years. Mr Usdan began his investment career in 1987 at Odyssey Partners, where he was responsible for managing long/short U.S. equity (small to mid-cap) pools of capital. Mr Usdan holds an MBA from the Kellogg Graduate School of Management at Northwestern University with majors in Finance, Marketing, and Accounting, and a BA in English from Wesleyan University.

Chairman, Mr Mladen Ninkov, commented "We're delighted that Adam has made himself available to sit on the board of Griffin.  He is a founding, substantial shareholder of this company who has provided continuous loyal support for over 17 years.  The formalization of his relationship with the company can only bring positives for all shareholders."

Current Directorships / Partnerships	Past Directorships/Partnerships (last 5 years)
Trellus Co. LLC	-
Trellus Management Company, LLC

Adam Usdan, through both direct and indirect interests, has a beneficial interest in 28,794,113 shares in Griffin, representing 16.1% of the Company's issued share capital.

Save for the above, there is no further information required to be disclosed under Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules in relation to the appointment of Adam Usdan.

For further information:

Griffin Mining Limited	[phone]
Mladen Ninkov  (Chairman)
Roger Goodwin (Finance Director & Company Secretary)
Panmure Gordon (UK) Limited
Dominic Morley	[phone]

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM).

The Company's news releases are available on the Company's web site: www.griffinmining.com

 

END

 

 

BOAZVLFFZXFEBBD