Appointment of Chief Financial Officer

RNS Number : 6758G

Technology Minerals PLC

31 March 2022

 

31 March 2022

Technology Minerals Plc

("Technology Minerals" or the "Company")

Appointment of Chief Financial Officer

Technology Minerals Plc (LSE: TM1), the first UK company focused on creating a sustainable circular economy for battery metals, is pleased to announce that James Hannon has been appointed as a director and Chief Financial Officer ("CFO") of the Company with effect from 11 April 2022.  James replaces Nigel Ruddock who will step down as a director and CFO and will be retiring on 31 March 2022.

 

James, 53, has an extensive range of financial and corporate finance advisory experience ranging from private company mandates and private equity transactions to international IPOs and secondary fundraisings on AIM as Nominated Adviser, the TSX and ASX, Sponsor to the Official list of the London Stock Exchange as well as private and City Code M&A transactions.

 

James' experience is through serving international natural resources broking and financial advisory houses including GMP Securities Europe LLP (Partner) and Haywood Securities (UK) Ltd. He has also previously worked for Price Waterhouse (UK and France), Old Mutual Securities and Grant Thornton. 

 

James was previously the Chief Financial Officer of Moydow Holdings Limited, a privately owned, West African focused gold exploration business with advanced projects in Burkina Faso and Mali.  James is also a Director of Eurocap Financial Limited, established to provide financial consulting services notably to the mining industry. 

 

The Company would like to thank Nigel for his significant contribution to the business both pre and post IPO. This includes leading the restructuring of the accounting procedures for both the Company and Recyclus Group Limited, the result being a significantly reduced workload at the Company.

 

Robin Brundle, Chairman of Technology Minerals , said:  "I am delighted to welcome James to Technology Minerals as we look to scale up our operations and grow the business. James has an excellent mix of capital markets experience and industry expertise that will complement the skillset of our management team and Board. On behalf of the Board, I want to offer my thanks to Nigel for all the work he has done taking us through the IPO process and successful listing on the London Stock Exchange. His help and guidance proved invaluable and we wish him well in the future."

 

James Hannon, incoming Chief Financial Officer of Technology Minerals, said: "It is great to be joining Technology Minerals and I look forward to supporting it to scale up operations and advance to a rapid-growth phase as it creates a fully circular economy for battery metals in the UK."

Technology Minerals confirms that there is no information to be disclosed under the requirements of Listing Rule 9.6.13 in relation to the appointment of James Hannon.

Enquiries

Technology Minerals Plc
Robin Brundle, Executive Chairman Alexander Stanbury, Chief Executive Officer	[phone]
Arden Partners Plc
Ruari McGirr, George Morgan	[phone]
Luther Pendragon
Harry Chathli, Alexis Gore, John Bick	[phone]

About Technology Minerals Plc

Technology Minerals is developing the UK's first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on extracting raw materials required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. With the increasing global demand for battery metals to supply electrification, the Group will explore, mine, and recycle metals from spent batteries. Further information on Technology Minerals is available at  www.technologyminerals.co.uk  

 

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