The information contained within
this announcement is deemed by the Company to constitute inside
information as stipulated under the Market Abuse Regulations (EU)
No. 596/2014 ('MAR') which has been incorporated into UK law by the
European Union (Withdrawal) Act 2018.
27 January
2025
Strategic Minerals
plc
("Strategic Minerals" or the "Company")
Appointment of Non-Executive
Director
Strategic Minerals plc (AIM: SML;
USOTC: SMCDY), a producing minerals company is pleased to announce
the appointment of Mr Philip Haydn-Slater as an independent
Non-Executive Director to the Company with immediate
effect.
Philip Haydn-Slater has significant
public and private company exposure, covering corporate finance,
investments, and Board positions of publicly listed
companies.
He is currently the Non-Executive
Chairman of Riverfort Global Opportunities PLC. He was previously
Non-Executive Director of RA International PLC, aswell as ASX
Listed ADX Energy Ltd and Sacgasco Ltd.
Philip Haydn-Slater
commented:
"I am
delighted to be joining the Board of Strategic Minerals PLC and I
am excited about the future for the Company. There is a great
opportunity to unlock the underlying value of the Company's assets
and I look forward to working with my fellow directors to achieve
that result."
Mark Burnett, Executive Director of
Strategic Minerals Plc commented:
"I am delighted to welcome Philip
Haydn-Slater to the Board of Strategic Minerals PLC. With a wealth
capital markets experience in the natural resources sector he is a
strong addition to the Board at a time in which the Company is
rationalising the portfolio and scaling the story. I look forward
to working closely with him."
The following information is
disclosed pursuant to Rule 17 and Schedule Two paragraph (g) of the
AIM Rules for Companies in relation to Philip Haydn-Slater, aged
64:
|
Current
Directorships/Partnerships
|
Past Directorships/Partnerships
(within 5 years)
|
|
Riverfort Global Opportunities
PLC
|
Eclipse Film Partners No 35
LLP
|
|
Musgrave Financial Ltd
|
RA International PLC
|
|
|
Danube Petroleum Limited
|
|
|
Toro Resources LTD
|
|
|
Musgrave Merchant Limited
|
Notes to Editors
Strategic Minerals plc (AIM: SML;
USOTC: SMCDY) is an AIM-quoted, producing minerals company,
actively developing strategic projects in the UK, United States and
Australia.
In September 2011, Strategic
Minerals acquired the distribution rights to the Cobre magnetite
project in New Mexico, USA, through its wholly owned subsidiary
Southern Minerals Group ("SMG"). Cobre has been in production since
2012 and continues to provide a sustainable revenue stream for the
Company.
In 2019, the Company completed the
100% acquisition of Cornwall Resources Limited ("CRL") and the
Redmoor Tungsten-Tin-Copper Project, with a 2019 of JORC-compliant,
Inferred Mineral Resource Estimate ("MRE") of 11.7Mt at 1.17% Tin
equivalent, made up of Tungsten, Tin and Copper.
In March 2018, the Company completed
the acquisition of the Leigh Creek Copper Mine ("LCCM") situated in
the copper rich belt of South Australia. The Company continues seek
opportunities to monetise the asset.
