For Immediate Release: 14 December 2011
Emerging Metals Limited
("EML" or the "Company")
Change to Board of Directors
The Company is pleased to announce the appointment of Guy Elliott, aged 53, as a non-executive director with immediate effect.
Mr. Elliott is a director of Patrimoine Asia Pte Ltd, a corporate finance advisory firm based in London and Singapore. Founded in 1998, Patrimoine Asia Pte Ltd provides bespoke financial and legal services to corporations, high net-worth investors and intermediaries requiring expert guidance in international finance. Prior thereto, Mr. Elliott was president and co-founder of Croesus Capital Management Corp., a specialist emerging markets hedge fund manager. He was a manager of proprietary trading at HSBC New York from 1992 to 1993 and worked for EBF & Associates as a portfolio manager from 1990 to 1992. He has also worked for Merrill Lynch International in New York focusing on fixed income securities and Cargill Inc. in London, Geneva and Minneapolis trading fixed income, foreign exchange and derivatives. Mr. Elliott is the Senior Non-executive Director of Polo Resources Limited, an AIM-traded mining and exploration group, and chief investment officer and a director of Top Level Domain Holdings Ltd., an AIM-traded company focused on the top level domain space. Furthermore, he is a director of Copper Development Corporation, an AIM-traded copper exploration and mining company. Mr. Elliott has a BSc in Economics from the London School of Economics. As a minor, Mr. Elliott was known as Guy Elliott Rabbin.
Mr. Elliott is currently a director of 8tan Capital Partners Ltd., Copper Development Corporation, NewGen Mining Fund SPC, Patrimoine Asia Pte Ltd, Polo Resources Limited, RSL Income Fund and Top Level Domain Holdings. He has within the last five years been a director of Aurelian Oil & Gas PLC, Brazilian Gold Corporation and Templar Minerals Limited. He is currently interested in 5,000,000 ordinary shares of no par value in EML, of which 1,000,000 are held by the Elliott Family Irrevocable Trust with the balance held by him directly.
Save as disclosed above, there are no disclosures to be made pursuant to Rule 17 and Schedule Two paragraph (g) to the AIM Rules for Companies.
Jim Mellon, Executive Co-Chairman of EML, said: "We are pleased to be strengthening our Board with the appointment of Mr. Elliott. His years of experience working with businesses focused on the natural resources sector, and in particular capital markets, will be of significant value to the Company."
For further information:
Emerging Metals Limited |
Religare Capital Markets Limited |
Evolution Securities Limited |
GTH Communications |
Denham Eke |
Peter Trevelyan-Clark Emily Staples
|
Jeremy Ellis Matt Tyler |
Toby Hall Suzanne Johnson Walsh |
+44 (0) 1624 639396 |
+44 (0) 20 7444 0800 |
+44 (0)20 7071 4300 |
+44 (0) 20 3103 3902 |