Non-Executive Director Appointment

RNS Number : 5274B

First Tin PLC

03 October 2022

 

3^rd October 2022

First Tin Plc

("First Tin" or "the Company")

Non-Executive Director Appointment

First Tin Plc ("First Tin"), a tin development company with advanced, low capex projects in Germany and Australia, is pleased to announce the appointment of Nicholas Mather, as a Non-Executive Director of the Company, with immediate effect.

Mr Mather has 40 years' experience in all aspects of exploration, resource company creation alongside extensive Executive & Non-Executive Director management, in a career that has taken him to numerous countries exploring for precious and base metals, raising capital and closing corporate transactions for the benefit of shareholders.

The appointment has been made pursuant to AusTin's contractual right under the share purchase agreement between the Company and AusTin relating to the Company's acquisition of Taronga to nominate a director to be appointed to the First Tin board for so long as AusTin holds at least 10 per cent. of the Company's issued share capital.

Thomas Buenger, Chief Executive Officer, commented:

"We are delighted to welcome Nick Mather to the Board of First Tin and look forward to working with him. Nick brings extensive technical expertise and a track record of successful business development which will be valuable as we focus on achieving the Company's objective of becoming a low-cost tin producer, through exploration and development of our two flagship assets in Germany and Australia."

Nick is Managing Director and founder of DGR Global Limited, a global resource generator company, and is responsible for all DGR Global spin out companies.

Current Directorships of listed companies:

DGR Global Limited (ASAX:DGR)

Armour Energy Limited (ASAX:AJQ)

Lakes Blue Energy (ASX:LKO)

AusTin Mining Limited (ASX:ANW)

NewPeak Metals Limited (ASX:NPM)

SolGold plc (incorporated in UK & registered with ASIC as a foreign company) (LSE:SOLG)

Enquiries:

First Tin	Via SEC Newgate below
Thomas Buenger - Chief Executive Officer
Arlington Group Asset Management Limited (Financial Advisor and Joint Broker)
Simon Catt	020 7389 5016
WH Ireland Limited (Joint Broker)
Harry Ansell	020 7220 1670
SEC Newgate (Financial Communications)
Elisabeth Cowell / Axaule Shukanayeva / Molly Gretton	07900 248 213

Notes to Editors

First Tin is an ethical, reliable, and sustainable tin production company led by a team of renowned tin specialists. The Company is focused on becoming a tin supplier in conflict-free, low political risk jurisdictions through the rapid development of high value, low capex tin assets in Germany and Australia.

Tin is a critical metal, vital in any plan to decarbonise and electrify the world, yet Europe has very little supply. Rising demand, together with shortages, is expected to lead tin to experience sustained deficit markets for the foreseeable future. Its assets have been de-risked significantly, with extensive work undertaken to date.

First Tin's goal is to use best-in-class environmental standards to bring two tin mines into production in three years, providing provenance of supply to support the current global clean energy and technological revolutions.

 

END

 

 

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