Appointment of Non-executive Director

RNS Number : 7711I

Tertiary Minerals PLC

16 December 2020

 

  16 December 2020

Tertiary Minerals plc ("Tertiary" or "the Company")

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Appointment of Non-executive Director

Tertiary Minerals plc is pleased to announce that it has appointed Dr Mike Armitage as an independent non-executive director of the Company effective immediately following the Annual General Meeting to be held on 28^th January 2021.

Dr Armitage is currently employed by SRK Consulting ( UK) Ltd, part of the SRK Group, a leading global mining consultancy. He has over 35 years' experience in the mining industry and at SRK has been responsible for managing feasibility studies and stock exchange Competent Persons Reports on behalf of mining and exploration companies, as well as audits and due diligence studies and independent valuations of exploration and mining assets on behalf of investment institutions or in support of mergers and acquisitions. During his time with SRK, Dr Armitage has been Managing Director and Chairman of the SRK's UK practice, Director of several of SRK's individual company practices, including SRK's Exploration Services, and SRK Group Chairman.

He is currently Chair of the Applied Earth Science Division of the Institute of Materials, Minerals & Mining, Chair of the Geological Society Business Forum and Honorary Chair of the Critical Minerals Association.

Dr Armitage will also be appointed as Chairman of the Company's Remuneration Committee and to the Company's Audit and Nomination Committees. He will be offered for re-election at the AGM to be held in 2022 in accordance with the Company's Articles.

Commenting today, Executive Chairman Patrick Cheetham said: "We have been looking for a high-calibre candidate for some time now and I am delighted that Mike has agreed to join us. His extensive experience and global contacts in the mining industry will be a valuable resource for the Company as we seek to advance our expanding portfolio of mineral projects."

The following information regarding the appointment of Dr Michael Graham Armitage, aged 58, is disclosed under Schedule 2(g) of the AIM Rules for Companies:

Current directorships and/or partnerships:	Former directorships and/or partnerships (within the last five years):
West Wales Gold Limited SRK Consulting (Russia) Limited SRK Consulting (Russia) Nominee Company Limited SRK Exploration Services Limited	Steffen, Robertson and Kirsten (Global) Trust Company Limited SRK Consulting (UK) Trust Company Limited SRK Consulting (Europe) Limited SRK Consulting (Global) Limited SRK Consulting (Australasia) Pty Ltd

Dr Armitage holds no shares in the Company and holds no warrants or options over the Company's shares.

There are no further disclosures required under Schedule 2(g) of the AIM Rules for Companies.

 For more information please contact:

Tertiary Minerals plc:
Patrick Cheetham, Executive Chairman		[phone]
SP Angel Corporate Finance LLP Nominated Adviser and Broker
Richard Morrison		[phone]
Caroline Rowe
Peterhouse Capital Limited Joint Broker
Lucy Williams	+ 44 (0) 207 469 0930
Duncan Vasey

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

Note to Editors:

Tertiary Minerals plc (ticker symbol 'TYM') is an AIM-traded mineral exploration and development company building a multi-commodity project portfolio.

 

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