Appointment of director

RNS Number : 8690H

Hummingbird Resources PLC

18 July 2012

 

Hummingbird Resources plc

("Hummingbird Resources" or the "Company") (AIM: HUM)

Appointment of director

Hummingbird Resources plc announces the appointment of Thomas Hill to the board of directors as Finance Director with immediate effect.

Thomas Rowland Hill (aged 36) joined the Company as Chief Financial Officer in September 2010 and is also a director of the Pygmy Hippo Foundation. 

Thomas Hill is directly or indirectly interested in a total of 92,617 ordinary shares, representing approximately 0.17% of the issued ordinary share capital of the Company.  This interest includes contracts for difference over 5,000 ordinary shares, 11,097 ordinary shares which are held in his pension, and 23,933 ordinary shares which are owned by his wife. 

Thomas Hill currently has no other directorships and there is no further information to be disclosed under Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

ENDS

Enquiries:

Hummingbird Resources plc

Daniel Betts, Chief Executive Officer

Thomas Hill, Finance Director and Company Secretary

Robert Monro, Head of Business Development [phone]

Liberum Capital Limited

Nominated Adviser and Joint Broker

Tom Fyson / Christopher Kololian [phone]

Jefferies Hoare Govett

Joint Broker

Sara Hale / Thomas Rider [phone]

Yellow Jersey PR Limited

Dominic Barretto

[phone]

Harry Fielder

[phone]

Notes to Editors

Hummingbird Resources plc is an AIM quoted mineral exploration company incorporated in England and Wales and headquartered in London. Since its establishment in November 2005, the Company and its subsidiaries (the "Group") has been active in Liberia, West Africa, and is currently the holder of the largest area of mineral exploration ground in the highly prospective Birimian geological region of eastern Liberia.  The Group's total Resource is 3,817,000 ounces of gold (Indicated Resource of 1,373,000 ounces Gold and Inferred Resource of 2,444,000 ounces gold).

The Group has published a NI43-101 compliant Resource on its Dugbe F deposit of 43.01 million tonnes at 1.27 g/t Au to give 1,765,000 ounces of gold using a lower cut-off grade of 0.5 g/t Au and no upper cut-off grade (Indicated Resource of 1,373,000 ounces of gold at 1.28 g/t Au and an Inferred Resource of 392,000 ounces of gold at 1.23 g/t Au).   In addition, the Group has declared a maiden Inferred Resource on its Tuzon project of 52.8 million tonnes at 1.21 g/t Au to give 2,052,000 ounces gold using a lower cut-off grade of 0.5 g/t Au and an upper cut-off grade of 7.0 g/t Au. Tuzon lies 2.6km to the east of the Dugbe F deposit.  Exploration is being carried out to best industry practices.

The Group currently holds exploration licences covering approximately 7,000 square kilometres in total, which constitutes a significant proportion of eastern Liberia containing the Birimian sequence.

For more information, please visit www.hummingbirdresources.co.uk

 

END

 

 

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