Result of AGM and Board Changes

RNS Number : 5446Q

Hummingbird Resources PLC

28 June 2022

 

Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining

28 June 2022

Hummingbird Resources plc

("Hummingbird" or the "Company")

Result of AGM and Board Changes

Hummingbird Resources plc (AIM: HUM) is pleased to announce that all resolutions were duly passed at its Annual General Meeting held earlier today.

Further to the announcement on 27^th May 2022, the Company also wishes to announce the retirement of Russell King, as Non-Executive Chairman of the Company, with effect from 29^th June 2022.

Russell has been the Non-Executive Chairman of the Company since November 2014, and the Board wishes to extend their appreciation of Mr. King's significant contribution to the Company during his tenure of office. 

The Company has initiated a search for a suitable Chairman to guide and support the next stage of the Company's growth and transition to a multi-mine operation; accordingly as an interim measure, Daniel Betts, the CEO, will assume the role of Interim Executive Chairman and CEO of the Company. Further updates will be provided as and when appropriate.

**ENDS**

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION NO. 596/2014 ("MAR") WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN

For further information, please visit   hummingbirdresources.co.uk   or contact:

Daniel Betts, CEO Thomas Hill, FD Anthony  Köcken , COO Edward Montgomery, CSO & ESG	Hummingbird Resources plc	Tel: [phone]
James Spinney Ritchie Balmer	Strand Hanson Limited Nominated Adviser	Tel: [phone]
James Asensio G ordon Hamilton	Canaccord Genuity Limited Broker	Tel: [phone]
Bobby Morse Ariadna Peretz James Husband	Buchanan Financial PR/IR	Tel:  [phone] Email:  [e-mail]

Notes to Editors

Hummingbird Resources (AIM: HUM) is a leading multi-asset, multi-jurisdiction gold production, development and exploration Company, member of the World Gold Council and founding member of Single Mine Origin (www.singlemineorigin.com). The Company currently has two core gold projects, the operational Yanfolila Gold Mine in Mali, and the Kouroussa Gold Mine in Guinea, which will more than double current gold production when production, scheduled for first gold pour end of Q2 2023. Further, the Company has a controlling interest in the Dugbe Gold Project in Liberia that is being developed by Pasofino Gold Limited through an earn-in agreement. The final feasibility results on Dugbe showcase 2.76Moz in Reserves and strong economics such as a 3.5-year capex payback period once in production, 14-year life of mine at a low AISC profile of US$1,005/oz. Our vision is to continue to grow our asset base, producing profitable ounces, while central to all we do being our Environmental, Social & Governance ('ESG') policies and practices. 

 

END

 

 

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