Directorate Change

RNS Number : 5184N

Edenville Energy PLC

25 September 2019

 

25 September 2019

EDENVILLE ENERGY PLC

("Edenville" or the "Company")

Directorate Change

Edenville Energy Plc (AIM: EDL), the AIM quoted company developing the Rukwa coal project in southwest Tanzania, is pleased to announce the appointment of Mr. Alistair Muir to the Company's Board as a Non-Executive Director with immediate effect.

Mr Muir has over 25 years operational experience within the mining industry, having spent the majority of that time working in the coal, uranium and iron ore sectors.  He has extensive expertise in open-pit mine development, project evaluation and exploration, particularly in the coal and power generation sectors, having worked on both thermal and coking coal initiatives.

In addition Mr Muir has predominantly operated in emerging markets throughout his career, most recently in Tanzania, Turkey and Central Asia.  Previous roles include General Manager of UraniumSA; Managing Director and Director of Celsius Coal Ltd, an ASX listed Company where he participated in the restructuring of the company to Celsius Resources as it migrated its operations into the battery minerals sector; and Chief Representative for Europe and the Middle East of Azarga Resources Ltd, where he led project teams to evaluate new projects within the region.

The Board would like to advise that Arun Srivastava has resigned as a Non-Executive Director of the Company with immediate effect to concentrate on his other business interests.

Jeffrey Malaihollo, Non-Executive Chairman of Edenville, commented: "We are pleased to welcome Alistair to the Board of Edenville.  He brings with him a wealth of both operational and emerging markets experience, whilst also having significant historic mining experience in Tanzania.  His international coal mining experience, coupled with project management expertise, should prove a significantly positive development for Edenville as we continue to progress our flagship Rukwa coal project in Tanzania.

"I would also like to thank Arun for his contribution to the Company and wish him well with his future endeavours."

The following information is disclosed pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies in relation to Alistair Henry Muir, aged 67:

Current Directorships	Directorships held over the past 5 years
None	Celsius Resources Ltd (formerly Celsius Coal Ltd)

Alistair Muir holds no ordinary shares in the Company.

Save as disclosed above, there are no other matters which are required to be disclosed with regards to the appointment of Richard Robinson in accordance Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

For further information please contact:

Edenville Energy Plc Jeff Malaihollo - Chairman Rufus Short - CEO	[phone]
SP Angel Corporate Finance LLP (Nominated Adviser and Joint Broker) David Hignell Jamie Spotswood Abigail Wayne	[phone]
Brandon Hill Capital Ltd (Joint Broker) Oliver Stansfield, Jonathan Evans	[phone]
IFC Advisory Limited (Financial PR and IR) Tim Metcalfe Graham Herring Florence Chandler	[phone]

 

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