Replacement: Appointment of Non-Executive Director

Neo Energy Metals PLC

14 February 2024

 

The following amendment has been made to the 'Appointment of Non-Executive Director' announcement released on 14 February 2024 at 07:00 under RNS No 0403D.

The original RNS stated that Quinton van der Burgh's appointment as a Non-Executive Director was effective immediately, however it should have said "effective at the conclusion of the AGM to be held on 8th March 2024". Sean Heathcote's quote has also been corrected to reflect this change.

All other details remain unchanged. The full amended text is shown below.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR").Neo Energy Metals plc / EPIC: NEO / Market: Main Market of the London Stock Exchange

Neo Energy Metals plc / EPIC: NEO / Market: Main Market of the London Stock Exchange

14 February 2024

Neo Energy Metals plc

('Neo Energy' or 'the Company')

Appointment of Non-Executive Director

Quinton van der Burgh brings significant experience & expertise in the international mining sector

Neo Energy Metals plc, the near term, low-cost uranium developer, is pleased to announce a strengthening of its board with the appointment of Quinton van der Burgh as a Non-Executive Director, effective at the conclusion of the AGM to be held on 8th March 2024.

Mr van der Burgh is a leading mining serial entrepreneur in South Africa. He is founder and CEO of Q Global Commodities ('QGC'), one of South Africa's largest privately owned mining houses that has established more than 45 mines throughout Sub-Saharan Africa from greenfield status through to production and exports of materials to the global commodity markets.  QGC is actively expanding its metal mining interests throughout Southern and East Africa through direct equity investments and partnership and co-development agreements with a number of emerging mining and exploration companies including Neo Energy in which it is a cornerstone investor. 

Furthermore, through his foundation, QVDBF, and in association with and ownership in Generosity Water, Mr van der Burgh has provide communities and schools throughout Southern Africa with access to safe and clean drinking water; to date, this ongoing initiative has helped over 415,000 South Africa's exercise their human right to water. Other projects the foundation supports include addressing the skill gap in underprivileged communities and assisting selected applicants with the support they need to rebuild their lives, from settling credit card debt, to paying for operations or schooling.

Neo Energy CEO Sean Heathcote said, "We look forward to welcoming Quinton to the team as a Non-Executive Director on 8 March 2024 at this critical juncture as we look to accelerate our strategy to become an important supplier to the fast-growing uranium sector. We are fortunate to have found someone of his calibre with years of operational experience, sector knowledge, and extensive network and are grateful for the support his company, QGC, has provided Neo Energy as a cornerstone investor. 

"While arguably, Quinton has generated significant goodwill from his business endeavours, he has also positively impacted many African lives through his work with his foundation, QVDBF; these sustainable values resonate with the rest of the team at Neo Energy as we aim to deliver value to all stakeholders.

"Having set ambitious targets focused on advancing our low-cost uranium project in South Africa, Henkries, towards a 2-year production plan, we eagerly anticipate sharing regular updates on the Company's progress over the coming months."

Quinton van der Burgh said, "I am looking forward to helping shape the future of Neo Energy, working with its team to take advantage of the strong uranium market as it moves Henkries towards production, and explore other exciting opportunities that align with our commitment to contribute to and support the global de-carbonisation drive."

Further information on Mr Quinton van der Burgh's appointment

The following details in relation to the appointment of Mr. Quinton van der Burgh as the Non- Executive Director are disclosed in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies.

Quinton van der Burgh (aged 46) has held the following directorships and/or partnerships in the past 5 years:

​Current Directorships	​Past Directorships (last five   years)
Billion Dollar Brand (Pty) Ltd (South Africa)	Africoal Plant Hire (Pty) Ltd (South Africa)
Billion Dollar Playground (Pty) Ltd (South Africa)	Africoal SA (Pty) Ltd (South Africa)
Black Stallion Motors CC	Agattu Trading 228 (Pty) Ltd (South Africa)
​Bonolo Commodities (Pty) Ltd (South Africa)	BGH Coal (Pty) Ltd (South Africa)
​Burgh Group Holdings CC (South Africa)	Big Coal (Pty) Ltd (South Africa)
​Burgh Investments (Pty) Ltd (South Africa)	Billion Dollar Playground (Pty) Ltd (South Africa)
​Challenger Coal (Pty) Ltd (South Africa)	Burgh Group Holdings (Pty) Ltd (South Africa)
​Courtney Cousins (Pty) Ltd (South Africa)	Candlestick Holdings (Pty) Ltd (South Africa)
​Drason (Pty) Ltd (South Africa)	Capernum Trade 2 (Pty) Ltd (South Africa)
​Enviroline (Pty) Ltd (South Africa)	Copperzone 139 (Pty) Ltd (South Africa)
Equidome NPC (South Africa)	Ennovation Independent Power (Pty) Ltd (South Africa)
Ezimbiwayo Consulting (Pty) Ltd       (South Africa)	Generosity Beverages RSA (Pty) Ltd (South Africa)
F-Money (Pty) Ltd (South Africa)	Homeburg (Pty) Ltd (South Africa)
​Ideality Television (Pty) Ltd (South Africa)	​Inceku Processing (Pty) Ltd (South Africa)
​Isabis Mining Projects (Pty) Ltd (South Africa)	​Innovagen (Pty) Ltd (South Africa)
​Lesatype (Pty) Ltd (South Africa)	​Innovatec Africa Holding (Pty) Ltd (South Africa)
Mavivi Electrical and Mechanical Spares CC (South Africa)	​International Mineral and Energy Consultants (Pty) Ltd (South Africa)
Mayborn Investments 37 (Pty) Ltd (South Africa)	​Inyanda Mining Holdings (Pty) Ltd (South Africa)
Misty Sea Trading 262 (Pty) Ltd (South Africa)	Lesasmart (Pty) Ltd (South Africa)
​New Age Industrial Supplies CC (South Africa)	​Melody Street Trading 10
Northern Lights Trading 266 (Pty) Ltd (South Africa)	​Nzuzu Coal (Pty) Ltd (South Africa)
Ukhamba Mining (Pty) Ltd (South Africa)	​Premium Coal (Pty) Ltd (South Africa)
Phambili Coal (Pty) Ltd (South Africa)	​Quiver Media (Pty) Ltd (South Africa)
​Radlotype (Pty) Ltd (South Africa)	​Siyabusa Mining (Pty) Ltd (South Africa)
Siyabusa Coal Mining (Pty) Ltd (South Africa)	Superlane 137 (Pty) Ltd (South Africa)
V D A Cellular CC (South Africa)	​Tresso Trading 674 (Pty) Ltd (South Africa)
Q Aviation (Pty) Ltd (South Africa)
Q Capital Holdings (Pty) Ltd (South Africa)
​Q Capital Investment Holdings (Pty) Ltd (South Africa)
​QGC Group Management Services (Pty) Ltd (South Africa)
Quantitytimes Trading 17 (Pty) Ltd (South Africa)
Quintessential Villa (Pty) Ltd (South Africa)
Quintessential Villa Two (Pty) Ltd (South Africa)
​Quinton van der Burgh Foundation NPC (South Africa)
​Quinton van der Burgh Investments (Pty) Ltd (South Africa)
​Quinton van der Burgh Media (Pty) Ltd (South Africa)
​Q-Up Entertainment (Pty) Ltd (South Africa)
QV Investments (Pty) Ltd (South Africa)
​Wet Peach Swimwear (Pty) Ltd (South Africa)

Mr. Quinton van der Burgh holds 180,000,000 ordinary shares in the company acquired through Q Global Commodities affiliate, AUO Commercial Brokerage LLC.

ENDS

Sean Heathcote	CEO Neo Energy Metals plc	[e-mail]
Isabel de Salis / Paul Dulieu / Isabelle Morris	Financial PR St Brides Partners Ltd	[e-mail]

 

END