10th December 2014
Connemara Mining Company plc ("Connemara")
Appointment of Director
The directors of Connemara Mining (AIM: CON) are pleased to announce that Mr. Danesh Varma, has been appointed to the board. Mr. Varma has decades of experience in financing and directing mining ventures in Canada and Europe. He is currently a director of a number of listed mining ventures including Anglesey Mining Plc, Minco Plc, Grängesberg Iron AB and Labrador Iron Mines Holdings Limited. He is chairman of the Brook Group with operations in the UK, India and Caribbean. Mr. Varma who is 64 trained as a chartered accountant.
Mr. Graham Reid who has served on the board since 2007 is stepping down. Graham is active as a specialist consultant in Irish base metal exploration and wishes to avoid any potential conflicts. He will remain as Technical Advisor.
John Teeling, Chairman, comments "I am very pleased to welcome Danesh to the board. Danesh is an experienced international financier with a wealth of knowledge, contacts and experience in junior mining companies. He is a valuable addition.
We are sorry that Graham Reid is stepping down as a director though he will remain as our Technical Advisor. Zinc exploration in Ireland is very active and Graham has a number of clients so he feels it right to avoid any potential conflict."
Connemara is a diversified exploration company with principal assets in zinc/lead and gold exploration licenses in Ireland. The company holds interests in 30 licenses covering an area of approximately 1, 169 sq km.
Enquiries:
Connemara Mining Company Plc |
|
John Teeling, Chairman |
+353 1 833 2833 |
Jim Finn, Director |
|
Westhouse Securities Limited |
|
Martin Davison |
+44 (0) 20 7601 6100 |
Robert Finlay |
|
Dowgate Capital Stockbrokers Limited |
|
Jason Robertson |
+44 (0) 1293 517744 |
Blytheweigh |
+44 (0) 20 7138 3204 |
Tim Blythe |
+44 (0) 7816 924 626 |
Halimah Hussain |
+44 (0) 7725 978 141 |
Camilla Horsfall |
+44 (0) 7817 841 793 |
PSG Plus |
|
Aoife Ross |
+353 1 661 4055 |
Alan Tyrrell |
+353 1 661 4055 |
APPENDIX - AIM Rule 17 and Schedule Two (g) of the AIM Rules for Companies
Danesh Kumar Varma, aged 64, holds no shares, warrants, options or any other financial instruments in Connemara.
Mr Varma holds, or has held, the following directorships within the last 5 years:
Current directorships |
Past directorships |
Anglesey Mining Plc |
American Resource Management Fund Limited |
Angmag AB |
Boreal Minerals Plc |
Aviary Films Limited |
Cylon International Alliance Limited |
Brook Bancorp Pvt. Limited |
Feronia Inc. |
Brook Capital Corporation |
Laguna Tailings UK Limited |
Brook Finance Pvt. Limited |
Santa Cruz Mining Limited |
Brook Holdings Limited |
The Share Republic.Com Limited |
Brook Precious Metals Limited |
Sparrow Films Limited |
Brook (Private) Trust Pvt. Limited |
Tom Hoskins Plc |
Brook Stocks Pvt. Limited |
|
Brook Wealth Management Pvt. Limited |
|
Brookfield Infrastructure Partners Holdings (Cyprus) Limited |
|
Brookfield Infrastructure Partners LLP |
|
Canadian Corporate Services (International) Limited |
|
Canadian Express (International) Limited |
|
Canland Securities Limited |
|
Crowd for Angels (UK) Limited |
|
E.H. Holdings Limited |
|
Eurang Limited |
|
Eurmag AB |
|
Global Preservation Strategies Limited |
|
Grängesberg Iron AB |
|
Hedge Hog and Conserve Limited |
|
H&W Capital Pvt. Limited |
|
Interinvest (Bermuda) Limited |
|
Juno Limited |
|
KCA Secretaries Limited |
|
Labrador Iron Mines Holdings Limited |
|
LOM (Holdings) Limited |
|
Minco Ireland Limited |
|
Minco Mining Limited |
|
Minco Plc |
|
Navy Blue Investments Limited |
|
Prima Properties Management Limited |
|
Reid Family Holdings Limited |
|
Reid Private Trust Limited |
|
Risque Investments Limited |
|
Silver Star Limited |
|
Westland Exploration Limited |
|
Zacatecas Exploration Limited |
|
Zagreus Management Limited |
|
Save for the information above, there are no further disclosures to be made in accordance with Rule 17, Schedule Two (g) of the AIM Rules for Companies in respect of Mr Varma.