Directorate Change

RNS Number : 7342R

Pathfinder Minerals Plc

10 March 2016

 

For immediate release: 10 March 2016

Pathfinder Minerals Plc

("Pathfinder" or "the Company")

Directorate Change

The Company announces that James Normand has resigned as a Director and as Company Secretary of the Company with immediate effect. Mr Normand will remain as an employee of the Company for his notice period of six months. The Company intends to appoint an appropriate replacement Director in due course.

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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