Board Change
Summary by AI BETAClose X
23 September 2025
Tungsten West Plc
("Tungsten West", the "Company" or the "Group")
Board Change
Tungsten West (LON:TUN), the mining company focused on restarting production at the Hemerdon tungsten and tin mine ("Hemerdon" or the "Project") in Devon, UK, announces that Alistair Stobie has stepped down as Chief Financial Officer of the Company ("CFO"), with immediate effect, to pursue further career opportunities. In addition, Alistair has resigned from his position as Director of the Board and all associated companies.
The Board has initiated a search and selection process to appoint a permanent CFO. In the interim, Phil Povey, currently Head of Commercial & Corporate Development of Tungsten West, will assume the role of interim CFO until a suitable replacement has been identified. Further announcements will be made in due course.
Stephen Harrison, Chairman of Tungsten West, commented:
"I would like to thank Alistair for his contribution and dedication during his time at Tungsten West. He has helped initiate funding discussions for the restart of Hemerdon and these are progressing positively with a number of parties. On behalf of the Board, I wish him all the best going forward."
"Whilst we conduct the search for a permanent replacement, I am pleased that Phil has stepped into the role of interim CFO. Phil's experience with the Company and Project will allow for a smooth transition during this interim period."
Ends
For further information, please contact:
Enquiries
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Tungsten West Jeff Court Tel: +44 (0) 1752 278500
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Strand Hanson (Nominated Adviser and Financial Adviser) James Spinney / James Dance / Abigail Wennington Tel: +44 (0) 207 409 3494 |
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BlytheRay (Financial PR) Tim Blythe / Megan Ray Tel: +44(0) 20 7138 3204 Email: tungstenwest@blytheray.com
Hannam & Partners (Broker) Andrew Chubb / Matt Hasson / Jay Ashfield Tel: +44 (0)20 7907 8500 |
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