Appointment of Chief Financial Officer

RNS Number : 1608A

Harvest Minerals Limited

10 September 2018

 

Harvest Minerals Limited / Index: LSE / Epic: HMI / Sector: Mining

10 September 2018

Harvest Minerals Limited ('Harvest' or the 'Company')

Appointment of Chief Financial Officer

Harvest Minerals Limited, the AIM listed fertiliser development company, is pleased to announce the appointment of David Edghill to the senior management of the Company as Chief Financial Officer. 

Mr Edghill, who has held a number of senior financial roles over the past 15 years, including with Grant Thornton and Ernst and Young, joins from Bulk Logistics Group Ltd where he held the position of Finance Director. He is a fellow of the Association of Chartered Certified Accountants.

Mr Edghill's appointment is effective immediately and he will be based in the Company's UK office.

Harvest's Executive Chairman, Brian McMaster, said, "We would like to welcome David to the team and look forward to working with him as we continue to build production and sales of KPfértil, our organic MAPA-certified remineraliser."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014/.

*ENDS*

For further information please visit www.harvestminerals.net or contact:

Harvest Minerals Limited	Brian McMaster (Chairman)	Tel: [phone]
Strand Hanson Limited Nominated & Financial Adviser	James Spinney Ritchie Balmer	Tel: [phone]
Arden Partners plc Joint Broker	Tim Dainton Paul Brotherhood Paul Shackleton	Tel: [phone]
Shard Capital Partners Joint Broker	Damon Heath	Tel: [phone]
St Brides Partners Ltd Financial PR	Isabel de Salis Gaby Jenner	Tel: [phone]

Notes

Harvest Minerals (HMI.L) is a Brazilian focused fertiliser producer advancing the 100% owned Arapua Fertiliser Project, which produces KPfértil, a proven, multi-nutrient, slow release, organic, MAPA-certified remineraliser.  KPfértil offers many economic and agronomic benefits and addresses the significant demand for locally produced fertiliser in Brazil, with its abundant agricultural land; currently, the country imports 90% of the potash it uses but has a target to be self-sufficient in fertilisers by 2020.  Covering 14,946 hectares and located in the heart of the Brazilian agriculture belt in Minas Gerais, Arapua is a shallow, low cost mine with an indicated and inferred resource of 13.07Mt at 3.1% K2O and 2.49% P2O5.  This is based on drilling just 6.7% of the known mineralisation, leaving significant upside potential. This resource is equivalent over 29 years' production and the known mineralisation expected to support 100+ years' production at 450,000 tonnes per annum.

 

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