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Blenheim Natural Res (TSI)

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Thursday 13 April, 2017

Blenheim Natural Res

Non-Executive Director Appointment

RNS Number : 3806C
Blenheim Natural Resources PLC
13 April 2017

13 April 2017


Non-Executive Director Appointment

Blenheim Natural Resources Plc (the "Company" or "Blenheim") is pleased to announce the appointment of Mr Christian Schaffalitzky as a Non-Executive Director of the Company with immediate effect.

Christian Schaffalitzky has extensive corporate experience as an executive and independent director of public companies on both AIM and the London Stock Exchange's Main Market, as well as the Dublin, Moscow and Toronto Stock Exchanges. Christian Schaffalitzky is currently Chairman of AIM quoted Kibo Mining Plc, Managing Director of AIM quoted Eurasia Mining Plc and a Non-Executive Director of NEX quoted MetalNRG Plc.

With over 40 years' experience in minerals exploration, Christian Schaffalitzky was a founder of CSA Global, the international mining consulting group and Ivernia West Plc, where he led the exploration, discovery and development of the Lisheen zinc deposit in Ireland, as he did with the Shaimerden zinc deposit in Kazakhstan for Ennex International.

He is a European Geologist, as recognised by the European Federation of Geologists, a Fellow of the Institute of Materials, Minerals and Mining, a Chartered Engineer, and a Professional Geologist (Institute of Geologists of Ireland).

Blenheim's Chairman, Chris Ells, commented: "We are really pleased that Christian has joined the Blenheim team.  His background and experience will be of great value in critically analysing the burgeoning investment opportunities being presented to the Company"

Christian Schaffalitzky de Muckadell (aged 63) is, or has been, a director or partner of the following companies or partnerships during the past five years: 

Current directorships and partnerships

Past directorships and partnerships

Eurasia Mining Plc

OAO Raspadskaya Coal Company

Kibo Mining Plc

Red Crescent Resources Ltd

MetalNRG Plc

Prospex Oil and Gas Plc

Shaffman Agents Ltd

East India Devonshire Sports and Public Schools Club Limited (The)

Eurasia Mining (UK) Limited

Eyessel Metals Limited

Sloane Developments Limited

Mogul of Ireland Limited

Urals Alluvial Platinum Limited

Eurasia Investments Limited

Tylai Mining Limited

Energy Resources Asia Ltd


Mogul of Ireland Limited, a company of which Christian Schaffalitzky was a director, went into voluntary liquidation on 23 July 2007 and was dissolved on 21 January 2014.

A company voluntary arrangement was approved by the creditors and shareholders of Prospex Oil and Gas plc (then called Premier Gold Resources plc) on 14 April 2015 and completed on 30 July 2015.  Unsecured creditors received 39.54 pence per £1 while secured creditors received 100 per cent ownership of Central Asia Resources Limited, a wholly owned subsidiary of Prospex Oil and Gas plc, in full and final settlement. The deficiency as regards unsecured creditors was £167,617.

Save as set out above there are no other disclosures in respect of the appointment of Christian Schaffalitzky that fall to be made under Rule 17 or paragraph (g) of Schedule Two of the AIM Rules for Companies.

For further information please contact:

Chris Ells

Blenheim Natural Resources Plc

+44 (0) 1622 844601




Colin Aaronson/Jamie Barklem/Daniel Bush

Grant Thornton UK LLP

+44 (0) 20 7383 5100




Nick Emerson

SI Capital Ltd

+44 (0)1483 413500

Lucy Williams / Duncan Vasey

Peterhouse Corporate Finance Limited

+44 (0) 20 7469 0932

Colin Rowbury

Cornhill Capital Limited

+44 (0) 20 7710 9610


The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

This information is provided by RNS
The company news service from the London Stock Exchange

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