Rambler Appoints New General Manager at the Min...
FOR: RAMBLER METALS & MINING PLC
TSX VENTURE SYMBOL: RAB
AIM SYMBOL: RMM
November 13, 2012
Rambler Appoints New General Manager at the Ming Copper-Gold Mine; Former General Manager Promoted to VP Technical
Services
LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - Nov. 13, 2012) - Rambler Metals and Mining plc
(TSX VENTURE:RAB)(AIM:RMM) ('Rambler' or the 'Company') is pleased to announce the appointment of Mr. Robert P. McGuire,
P. Eng. as the Company's new General Manager at the Ming Copper-Gold Mine. Mr. Tim Sanford, P. Eng., the Company's
previous General Manager, has been promoted to VP of Technical Services, an executive position that will oversee the
preparation of Rambler's expansion plans of the Ming Mine and external growth opportunities.
HIGHLIGHTS
/T/
- Robert McGuire is a native of Atlantic Canada and has over 35 years
experience in underground mining, with a diverse background in
supervisory and managerial positions. He has worked in a variety of
jurisdictions including Canada, Mexico, Chile, Alaska, Zambia,
Bolivia, and Argentina.
Mr. McGuire has been a registered Professional Engineer for over 20
years and will be relocating to the Town of Baie Verte to be closer to
the Ming Mine.
- With 20 years of management and mine engineering experience, Tim
Sanford's new role as VP Technical Services will see him assume
responsibility for managing the Company's internal and external growth
plans from a technical mining perspective.
/T/
George Ogilvie, President and CEO of Rambler, commented:
"I am very pleased to welcome Bob McGuire to the Rambler team. A resident of Newfoundland with international experience
in underground mining, Bob will be a tremendous asset to the continued success of the Ming Mine. His knowledge will be
invaluable as we look to consolidate the Company and then progress towards expansion. The appointment of an experienced
manager speaks volumes about the Company's growing reputation and ability to attract quality talent in a competitive
labour market.
Tim Sanford has been the General Manager since the early planning stages of the Ming Mine. Under Tim and his team's
stewardship the Ming Mine has reached commercial production; which is a significant accomplishment. On behalf of the
Board I'd like to thank Tim and all the employees for this tremendous effort.
The new position of Vice President of Technical Services has been created to further our growth plans as Rambler strives
to become the leading mine operator and resource developer in Atlantic Canada. Many of these growth opportunities will
require technical evaluation. Tim, with his 20 years of management experience as a qualified Mining Engineer, is well
suited to lead these studies.
Rambler's success to date has been founded on the quality of our team. These senior management changes will enhance our
ability to deliver as we continually improve and grow our business. Thus creating additional value for our
shareholders."
ABOUT RAMBLER METALS AND MINING
Rambler Metals and Mining plc is a copper and gold producer that has 100% ownership of the Ming Copper-Gold Mine in Baie
Verte, Newfoundland and Labrador, Canada. Rambler's strategy is to become a mid-tier mining company by continuing the
development of the Ming Mine, discovering new deposits and pursuing mergers and acquisitions.
Caution Regarding Forward Looking Statements:
Certain information included in this press release, including information relating to future financial or operating
performance and other statements that express the expectations of management or estimates of future performance
constitute "forward-looking statements". Such forward-looking statements include, without limitation, statements
regarding the financial strength of the Company, estimates regarding timing of future development and production and
statements concerning possible expansion opportunities for the Company. Where the Company expresses or implies an
expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed
to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors,
which could cause actual results to differ materially from future results expressed, projected or implied by such
forward-looking statements. Such risks include, but are not limited to, interpretation and implications of drilling and
geophysical results; estimates regarding timing of future capital expenditures and costs towards profitable commercial
operations. Other factors that could cause actual results, developments or events to differ materially from those
anticipated include, among others, increases/decreases in production; volatility in metals prices and demand; currency
fluctuations; cash operating margins; cash operating cost per pound sold; costs per ton of ore; variances in ore grade
or recovery rates from those assumed in mining plans; reserves and/or resources; the ability to successfully integrate
acquired assets; operational risks inherent in mining or development activities and legislative factors relating to
prices, taxes, royalties, land use, title and permits, importing and exporting of minerals and environmental protection.
Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements
contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-
looking statements contained herein are made as at the date hereof and the Company does not undertake any obligation to
update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other
documents whether as a result of new information, future events or otherwise, except as required under applicable
securities law.
FOR FURTHER INFORMATION PLEASE CONTACT:
Rambler Metals and Mining
George Ogilvie, P.Eng.
President and CEO
709-800-1929 or 709-800-1921
OR
Rambler Metals & Mining Plc.
Corporate Office
+44 (0) 20 8652-2700
+44 (0) 20 8652-2719 (FAX)
www.ramblermines.com
OR
Seymour Pierce Limited
Stewart Dickson / Jeremy Stephenson
+44 (0) 20-7107-8000
OR
Pelham Bell Pottinger
Charles Vivian / Daniel Thole
+44 (0) 20 7861 3921
OR
Ocean Equities Limited
Guy Wilkes
+44 (0) 20-7786-4370
Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Rambler Metals & Mining Plc
Latest directors dealings
- 7 minutes ago Mid Wynd International Inv Trust
- 20 minutes ago Dillistone Group
- 29 minutes ago SSP Group
- 59 minutes ago Greencoat Renewables (CDI)
- 1 hour ago TotalEnergies SE