Directorate Change

RNS Number : 7465G

Equatorial Mining & Exploration PLC

31 May 2017

 

Equatorial Mining & Exploration Plc ("EME" or the "Company")

Directorate Resignation

On 9^th February 2017 we announced that we had entered into a 90 day option agreement to acquire a Mexican gold project.  The acquisition was designed to include a £2m fund raising to fund the acquisition and provide the new enlarged company with money to advance exploration.

Disappointingly, no investment was forthcoming and this project is, de-facto, at an end.

Accordingly, we announce today that Brett Clark, who joined the board at that time to oversee the transaction, has stepped down.  We thank him for his efforts in trying to advance this project.

31^st May 2017

Enquiries:

Equatorial Mining & Exploration Plc: Nicholas Nelson, Executive Chairman	[e-mail]
NEX Adviser and Broker Alexander David Securities James Dewhurst	[phone]

The Directors take responsibility for this announcement.

 

END

 

 

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