Empire Metals Limited Board Change (4798O)
June 13 2022 - 1:00AM
UK Regulatory
TIDMEEE
RNS Number : 4798O
Empire Metals Limited
13 June 2022
Empire Metals Limited / AIM: EEE / Sector: Natural Resources
13 June 2022
Empire Metals Limited
('Empire' or the 'Company')
Board Change
Empire Metals Limited, the AIM-quoted resource exploration and
development company, announces that Mr Michael ('Mike') Struthers,
Non-Executive Director, is stepping down from the Board with
immediate effect. The Board would like to thank Mike for his
commitment and contribution over the past four years and wish him
well.
Shaun Bunn, Managing Director, said: "Mike has been a trusted
and extremely knowledgeable board member over the past four years,
and I would like to take this opportunity to thank him for his
significant input. During his three years as CEO, he worked
tirelessly to advance the Company's then-Georgian assets,
navigating the various external challenges the business faced
towards finding a positive outcome for shareholders. Since our
strategic move away from Georgia in 2020, Mike has been a huge
advocate for our exploration and development initiatives in
Australia and I am sure he will continue his support for our work
as a shareholder of the Company."
Neil O'Brien, Chairman, said: "I would like to extend my thanks
to Mike for his significant efforts over the past four years and
his influence in reshaping the future of the Company. Mike
possesses a wealth of technical experience, and he was instrumental
in the formation of our new portfolio of assets in Australia. It is
important to note this depth of technical experience is retained
through Shaun, supported by the technical team that Shaun has built
over the past 12 months and who are now largely located in
Australia, the location of our now expanded exploration footprint.
I believe this is a logical and pragmatic development given the
changes and growth of the business over the past 12 months, and one
which reflects the profile and focus of the Company. I wish Mike
the very best for the future and I look forward to our providing
regular updates to the market documenting our continued progress at
the Eclipse-Gindalbie Gold Project and our newly acquired Pitfield
Copper-Gold Project, Walton Copper-Gold Project and the Stavely
Copper-Gold Project."
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, as incorporated into UK law by the
European Union (Withdrawal) Act 2018, until the release of this
announcement.
**ENDS**
For further information please visit www.empiremetals.co.uk or contact:
Empire Metals Ltd Tel: 020 7907 9327
Shaun Bunn /Greg Kuenzel
S. P. Angel Corporate Finance Tel: 020 3470 0470
LLP (Nomad & Broker)
Ewan Leggat /Adam Cowl
-------------------
Shard Capital Partners LLP (Joint Tel: 020 7186 9950
Broker)
Damon Heath
-------------------
St Brides Partners Ltd (Financial Tel: 020 7236 1177
PR)
Susie Geliher/ Ana Ribeiro/
Selina Lovell
-------------------
About Empire Metals Limited
Empire Metals is an AIM-listed (LON: EEE) exploration and
resource development company with a project portfolio comprising
gold interests in Australia and Austria.
The Company's strategy is to develop a pipeline of projects at
different stages in the development curve. Its initial focus has
been on the high-grade Eclipse and Gindalbie Gold Projects in
Western Australia. The Company expanded its exploration licence
area in April 2022 from 9.5km2 to 1,728km2 with the acquisition of
the Pitfield Copper-Gold Project and the Walton Copper-Gold Project
in Western Australia, and the Stavely Copper-Gold Project in the
Stavely Arc region of Victoria.
Empire also holds a portfolio of three precious metals projects
located an historically high-grade gold production region
comprising the Rotgulden, Schonberg and Walchen prospects in
central-southern Austria.
The Board continues to evaluate opportunities through which to
realise the value of its wider portfolio and reviews further assets
which meet the Company's investment criteria.
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END
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