Appointment of Non-Executive Director

RNS Number : 5164A

Anglo Pacific Group PLC

20 February 2014

 



News Release

February 20, 2014

Anglo Pacific Group PLC

Appointment of Non-Executive Director

Anglo Pacific Group PLC ("Anglo Pacific" or the "Company") (LSE: APF, TSX: APY) is pleased to announce the appointment of Mr Robert Stan as an independent non-executive director of the Company, effective February 19, 2014.

Mr Robert Stan, a Canadian national, has over 34 years of experience in the mining industry. He has held several senior positions with Fording Coal Limited, Westar Mining Ltd, and TECK Corporation before becoming a founding shareholder and director of publicly quoted Grande Cache Coal Corporation ("GCC"), an Alberta-based metallurgical coal mining company, in 2000. At GCC, he served as President, CEO and Director from 2001 to 2012, when the company was sold for $1bn to Winsway Coking Coal and Marubeni Corp, an Asian-backed strategic investor consortium. He has served as Chairman of the Coal Association of Canada Board of Directors and has acted as a board member of the International Energy Agency's Coal Industry Advisory Board. He currently serves on the board of several private companies, including Quantex Resources Limited and Spruce Bluff Resources Limited, and of publicly listed Whetstone Minerals Limited.

Commenting on the appointment, Julian Treger, Chief Executive Officer of Anglo Pacific, said:

"We welcome Robert to the Board of Anglo Pacific. His extensive knowledge and experience in the mining industry makes him a strong addition and his particular focus on the coal sector should provide valuable insights to the Company's bulk materials royalties. His deep network of contacts within the Canadian investment community will also prove beneficial as the Company seeks to expand its North American investor base."

There are no further details in respect of Mr. Robert Stan requiring disclosure under Listing Rule 9.6.13.

For further information:

Anglo Pacific Group PLC                                                                               [phone]

Julian Treger - Chief Executive Officer

Georgia Vranaki - Head of Marketing and Investor Relations

Liberum Capital                                                                                               [phone]

Chris Bowman / Ryan de Franck

BMO Capital Markets Limited                                                                        [phone]

Neil Haycock / Tom Rider

Bell Pottinger                                                                                                   [phone]

Nick Lambert / Lorna Cobbett    

Notes to Editors

About Anglo Pacific

Anglo Pacific is a global mining royalty company. The Company's strategy is to create the premier base metals and bulk materials listed royalty company, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.

 

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