Metal Tiger Plc
Directorate Change
Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resources announces that
Alex Borrelli (Chief Executive Officer) and Jordan Luckett (Technical Director) have resigned from the board of the Company, effective immediately.
Terry Grammer has agreed to step down from his role as Non-Executive Chairman and take on a non-executive director role.
The Company is pleased to announce the
appointment of Charles Hall as Non-Executive Chairman, Michael McNeilly as Chief Executive Officer, Paul Johnson as Non-Executive Director and Keith Springall as Finance Director and Company Secretary with immediate effect.
Michael McNeilly, incoming Chief Executive Officer commented: It has been a pleasure to work with Alex Borrelli and Jordan Luckett, both highly experienced and exceptionally talented individuals. Alex has made a tremendous contribution to the Company during his 5 years with the business, having helped lead the transition from Brady Exploration plc to Metal Tiger plc. In no uncertain terms the business would not be where it is today without him. I wish Alex the utmost success in his other business ventures and in particular BMR Group plc where he has done a great job in turning around the company. Jordan has been a valuable addition to the team and has given great technical insight on the two key projects, Botswana and Thailand. I look forward to continuing to work with Terry Grammer in his new role as non-executive director and he will continue to play an important role in the business going forward.
I am very grateful for the opportunity to step into this exciting andchallenging role and to work with the newly constituted board to deliver value to shareholders. Charles Hall has been a supportive shareholder of the company and brings with him a wealth of financial and business management experience. Keith Springall has been fundamental on the finance side of the business and will no doubt contribute further valuable strategic insight at the board level. It is also a tremendous pleasure to welcome back Paul Johnson, who previously served as the companys CEO where he was instrumental in building the company and its profile in the market.
I believe the Company is now in a unique position with its two core project investments in Thailand and Botswana and is well placed for value creation and I look forward to working with the board, staff and our joint venture partners to realise value for shareholders from these assets.
The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:
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