Board Appointment

RNS Number : 3248T

Pathfinder Minerals Plc

29 March 2016

 

Embargoed: 0700hrs 29 March 2016

Pathfinder Minerals Plc

("Pathfinder" or "the Company")

Board Appointment

Pathfinder is pleased to announce the appointment of Robert Easby as Finance Director and as Company Secretary of the Company with immediate effect.

Mr Easby brings business and financial experience to the Company having previously been Finance Director at I M Power Developments Limited, a company set up to construct power stations in the former CIS, Asia, the Middle East and Africa. Mr Easby was a key member of the Board that prepared the Company to be reversed into I M Power PLC, a company seeking a listing on the AIM market. Mr Easby qualified as a Chartered Accountant in 2000 and spent his early career in Audit compliance and as a Company Law specialist within a large regional Chartered Certified Accountancy practice. He has recently been assisting the CFO of a listed pharmaceutical group with their corporate governance and compliance responsibilities relating to financial and taxation reporting requirements.

Nick Trew, Chief Executive of Pathfinder commented: 

"I am delighted that Robert has joined the Board as we continue to focus our efforts on recovery of the Company's assets for the benefit of the Project and Pathfinder's shareholders."

Save for the information disclosed below, there are no further disclosures to be made in accordance with Schedule Two paragraph (g) of the AIM Rules for Companies in respect of Mr Easby.

Full name:	Robert Easby
Age:	42
Current Directorships:	Denmark Forrester Limited
	DF Secretarial Services Limited
	Tillingham and District Flower Show Limited
Previous Directorships / Partnerships in the last 5 years:	DF Director Services Limited
	IM Waste Recovery Limited
	IM Power Developments Limited
Other disclosures:	Mr Easby is interested in 265,000 Ordinary Shares in the Company, representing approximately 0.21% of the issued share capital in the Company.

Enquiries:

Pathfinder Minerals Plc

Nick Trew, Chief Executive

Tel. [phone]

WH Ireland Limited (Nomad and Broker)

Paul Shackleton or Mark Leonard

Tel. [phone]

Vigo Communications

Ben Simons or Ali Roper

Tel. [phone]

Email. [e-mail]

Notes to Editors:

Pathfinder Minerals Plc is incorporated in England & Wales and is admitted to trading on the AIM market of the London Stock Exchange.

CMdN, a subsidiary of Pathfinder, was issued mining concession licences 760C and 4623C on 13 September 2004 and 13 July 2011 respectively, each for a period of twenty-five years. Taken together, these mining concessions cover approximately 32,000 hectares of land on the Indian Ocean coast of the Zambezia province of Mozambique, known to contain the heavy minerals, ilmenite, rutile and zircon.

As announced on 3 February 2012, ownership of these licences is being disputed.

 

END

 

 

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