Edenville Energy Plc (AIM: EDL), the AIM quoted company developing the Rukwa coal project in southwest Tanzania (“Rukwa”), is pleased to announce the appointment of Mr. Nicholas (Nick) von Schirnding to the Company’s Board as an Independent Non-Executive Director with immediate effect.
Nick has over 25 years’ experience in mining and natural resources, including strategic development, M&A, restructuring, driving operational change and the UK regulatory framework.
Nick is Executive Chairman of Arc Minerals plc, a London listed mining group with interests in Africa. Nick is also Chairman of Fodere Group, a private company that has developed environmentally sustainable technology to extract high value minerals from ore. In addition, Nick is a Non-Executive Director of Jangada Mines plc, which is also listed in London.
Previously Nick was CEO of Asia Resource Minerals plc (formerly Bumi plc), a FTSE listed mining company and was instrumental in successfully restructuring their 25mtpa open pit coal mining operations. Nick was also deputy chairman of Berau Coal, Indonesia’s fourth largest listed coal company. Prior to this Nick held senior roles at both Anglo American plc and De Beers.
Nick has worked and lived in both developed and emerging markets including the UK, India, SE Asia, Africa and South America.
Nick will be joining the Company’s Audit Committee and Remuneration Committee with immediate effect.
As previously anticipated, the Company also announces that Rufus Short has resigned as a Non-Executive Director of the Company with immediate effect.
Jeffrey Malaihollo, Non-Executive Chairman of Edenville, commented: “We are pleased to welcome Nick to the Board of Edenville. He brings with him a wealth of both operational and emerging markets experience, whilst also having significant mining experience in Africa as a result of both current and previous roles. We look forward to benefiting from his international experience and project management expertise when mining operations recommence at Rukwa.
“I would also like to thank Rufus 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 Nicholas Kurt von Schirnding, aged 57:
|Current Directorships||Directorships held over the past 5 years|
|Arc Minerals Plc||Carajas Copper Company Limited|
|Cosmos Exploration Limited||Casa Mining Limited|
|Jangada Mines plc||Pedra Branca do Brasil Mineracao Ltda|
Mr Von Schirnding does not currently own any ordinary shares of 0.02 pence each in the Company.
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
Alistair Muir – CEO
+44 (0) 20 3934 6630
Strand Hanson Limited
(Financial and Nominated Adviser)
+44 (0) 20 7409 3494
Brandon Hill Capital Ltd
Oliver Stansfield, Jonathan Evans
+44 20 7936 5200
IFC Advisory Limited
(Financial PR and IR)
+44 (0) 20 3934 6630