Appointment of CEO and Board Changes

RNS Number : 3568P

Trident Resources Plc

10 October 2019

 

10 October 2019

Trident Resources Plc

("Trident" or the "Company")

Appointment of Chief Executive Officer and Board Changes

Trident is pleased to announce the appointment of Adam Davidson as a Director and Chief Executive Officer with effect from 10 October 2019.

Adam Davidson, 37, has over 10 years' experience in the natural resources sector, most recently with Resource Capital Funds ("RCF"), a leading mining focused private equity firm. 

Adam has been a member of RCF's investment team since 2014. Prior to RCF, he held positions with BMO Capital Markets in Metals & Mining Equity Research and with Orica Mining Services in Strategic Planning. He has extensive mining capital markets experience across a breadth of jurisdictions and commodities. Adam began his career with T. Rowe Price and also served in the U.S. Marine Corps.

Adam is a graduate of the Australian Institute of Company Directors and previously served as a Non-Executive Director of private gold producer RG Gold. He earned his MBA from the College of William & Mary and completed a post-graduate in Mining Studies from the University of Arizona.

Trident expects to appoint another senior investment professional shortly to support Adam, in the role of Vice President, Corporate Development.

On the appointment of Adam Davidson as a director of the Company becoming effective, Carmichael Olowoyo will stand down from the Company's board of directors with immediate effect.

James Kelly, Non-executive Chairman of Trident said: "I am delighted to welcome Adam to the management team and look forward to working with him as we execute on our strategy. To be able to attract someone of Adam's calibre is testament to the strength of the opportunity that Trident represents. I would like to express my gratitude to Carmichael for his service to the Company, particularly for his assistance in the establishment of the Company its successful capital raising and admission to trading on the main board of the London Stock Exchange."

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Contact details:

Trident Resources Plc James Kelly	www.tridentresources.co.uk Tel: [phone]
Tamesis Partners LLP Richard Greenfield	www.tamesispartners.com [phone]
Azure Capital Limited John Toll	www.azurecapital.com.au [phone]
Ashanti Capital Pty Ltd Rob Hamilton	www.ashanticapital.com.au [phone]

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain."

 

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