Golden Prospect Precious Metals Ltd : Change of...

GOLDEN PROSPECT PRECIOUS METALS LIMITED

Change of Co-manager

The Company's investment manager, CQS (UK) LLP, has informed the Board that Will Smith, co-manager of the Company's investments, will be leaving CQS/New City Investment Managers.   Will's co-management responsibilities have been passed to Keith Watson and Robert Crayfourd with immediate effect.  Accordingly, the Company's investments will be co-managed by Keith Watson and Robert Crayfourd, who are supported by the CQS research team. The Board would like to express its thanks to Will for his contribution to the management of the Company since 2008.

Keith Watson has been with CQS/New City Investment Managers since 2013 and is co-manager of Geiger Counter Limited and Golden Prospect Precious Metals Limited.  Keith has over twenty-three years' of resource investment and research experience with firms including Scottish Amicable Investment Managers, Mirabaud Securities and Evolution Securities.

Rob Crayfourd joined CQS/New City Investment Managers in 2011 and has worked as an analyst for the New City managed natural resources funds. Prior to joining CQS, Rob was an analyst at the Universities Superannuation Scheme and HSBC Global Asset Management where he focused on the resource sector. Rob is a CFA Charterholder and holds a BSc in geological sciences.

Craig Cleland, CQS (UK) LLP    - Tel: [phone]

26 October 2015

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Source: Golden Prospect Precious Metals Ltd via Globenewswire

HUG#1961379