Directorate Change

RNS Number : 8352B

Pathfinder Minerals Plc

09 October 2015

 

For immediate release: 9 October 2015

Pathfinder Minerals Plc

("Pathfinder" or "the Company")

Directorate Change

Pathfinder announces that John McKeon has stepped down as a non-executive director of the Company with immediate effect in order to devote more time to his other business interests. Mr McKeon wishes to place on record his continuing support, as a significant shareholder, of the Company's efforts to recover its assets.

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.

Companhia Mineira de Naburi S.A.R.L., a subsidiary of Pathfinder Minerals, 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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