First Tin PLC Board Changes (4743L)
September 06 2023 - 1:00AM
UK Regulatory
TIDM1SN
RNS Number : 4743L
First Tin PLC
06 September 2023
6 September 2023
First Tin Plc
("First Tin" or "the Company")
Board Changes
First Tin PLC, a tin development company with advanced, low
capex projects in Germany and Australia, is pleased to announce the
appointment of Ross Ainger to its Board as a Non-Executive Director
with immediate effect. He will replace Seamus Cornelius, who is
stepping down from the Board with immediate effect to pursue other
opportunities. Ross will act as Chairman of the ESG Committee and
as a member of the Audit/Risk and Remuneration/Nominations
Committees.
Ross, who has been Company Secretary since March 2022, has
worked as an independent corporate consultant since January 2020,
advising public, private and FCA Authorised and Regulated firms on
a variety of different mandates. He previously worked at Arlington
Group Asset Management Limited, a commodities focused investment
management, corporate finance and advisory business; Merrill Lynch
Investment Managers; Deutsche Bank and Reuters. In addition he has
been a non-executive director of a London Stock Exchange listed
acquisition company, an FCA regulated corporate finance firm, a
Guernsey domiciled commodities fund and a commercial property
investment vehicle. Ross will continue as Company Secretary in
addition to his new role as Non-Executive Director.
First Tin CEO Thomas Buenger said: "We are delighted to welcome
Ross to the Board as a Non- Executive Director. With his existing
extensive knowledge of the business, I have no doubt he will be of
great value to the Board going forward and we look forward to his
ongoing contribution to First Tin.
"On behalf of my colleagues, I would also like to thank Seamus
for his contribution to First Tin as a Non-Executive Director since
our IPO in April 2022."
Enquiries:
First Tin Via SEC Newgate below
Thomas Buenger - Chief Executive
Officer
Arlington Group Asset Management
Limited (Financial Advisor
and Joint Broker)
Simon Catt 020 7389 5016
WH Ireland Limited (Joint
Broker)
Harry Ansell 020 7220 1670
SEC Newgate (Financial Communications)
Elisabeth Cowell / Molly FirstTin@secnewgate.co.uk
Gretton
Notes to Editors
First Tin is an ethical, reliable, and sustainable tin
production company led by a team of renowned tin specialists. The
Company is focused on becoming a tin supplier in conflict-free, low
political risk jurisdictions through the rapid development of high
value, low capex tin assets in Germany and Australia.
Tin is a critical metal, vital in any plan to decarbonise and
electrify the world, yet Europe has very little supply. Rising
demand, together with shortages, is expected to lead tin to
experience sustained deficit markets for the foreseeable future.
Its assets have been de-risked significantly, with extensive work
undertaken to date.
First Tin's goal is to use best-in-class environmental standards
to bring two tin mines into production in three years, providing
provenance of supply to support the current global clean energy and
technological revolutions.
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END
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