Former senior Rio Tinto executive appointed

RNS Number : 3363H

Berkeley Energia Limited

07 June 2017

 

BERKELEY ENERGIA LIMITED

NEWS RELEASE | 7 June 2017 lass="ff"> 

Berkeley Energia is pleased to announce that highly respected London-based mining executive Mr Nigel Jones has been appointed as an independent Non-Executive Director of the Company, effective today.

Mr Jones has thirty years' experience in the international mining sector. He has considerable corporate development and marketing expertise, including being responsible for the negotiation of key uranium supply agreements for Rio Tinto.

Mr Jones spent two decades at Rio Tinto, where ultimately he held the position of Global Head of Business Development and prior to that Managing Director of Rio Tinto Marine, Head of Investor Relations and Marketing Director, Uranium.

Mr Jones was recently appointed as Head of Private Side Capital Markets at ICBC Standard Bank, the global markets subsidiary of ICBC Bank, which is the world's largest bank by assets.

Mr Jones is an Oxford University graduate and has completed a Corporate Finance Programme at the London Business School.

Mr Jones will replace Dr Jim Ross, who is today retiring from the Board after over twelve years of service.

Paul Atherley, Managing Director, commented:

"We are delighted to welcome Nigel to the Board, a key appointment in step with the Company's transition into a European-focused uranium developer and producer.

We believe his considerable experience in corporate development and marketing of uranium products will be of considerable value to the Company.

On behalf of the Board and the rest of the Company, I would like to sincerely thank Dr Ross for his guidance and many contributions to the highly successful transformation of the Company from a junior explorer to an institutionally backed European uranium developer. We wish him all the best in his future endeavours."

For further information please contact:

Berkeley Energia Limited	[phone]
Paul Atherley, Managing Director	[e-mail]
Hugo Schumann, Chief Commercial Officer
Peel Hunt LLP (Joint Broker)	[phone]
Matthew Armitt
Ross Allister
Chris Burrows
WH Ireland Limited (Nominated Adviser)	[phone]
Paul Shackleton
Nick Prowting
Jay Ashfield
Buchanan	[phone]
Bobby Morse, Senior Partner	[e-mail]
Anna Michniewicz, Account Director

Mr Nigel Hanson Jones's (aged 51) directorships in the last five years are as follows:

Company	Status
Redbeck Partners Ltd	Current
Avalite Resources Ltd	Current
Rio Tinto Medical Plan Trustees Ltd	Previous
Rio Tinto Uranium Ltd	Previous
Rio Tinto Iron Ore Asia Pte Ltd	Previous
Rio Tinto Shipping (Asia) Pte Ltd	Previous
Rio Tinto Procurement (Singapore) Pte Ltd	Previous

There are no other disclosures required in accordance with Rule 17 or Schedule 2(g) of the AIM Rules.

 

END

 

 

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