North River reshuffles board of directors

Directorship Change

North River Resources plc, has announced the appointment of Mr. Mark Sawyer as a Non-Executive Director with immediate effect. Mr. Sawyer is a Senior Partner at Greenstone Capital LLP and a co-founder of Greenstone Resources LP, the private equity fund which recently signed a US$12.0 million agreement with the Company to provide the project equity for its flagship project, re-opening the Namib Lead-Zinc-Silver Mine in Namib.

Mr. Sawyer co-founded Greenstone in 2013 after a 17 year career in the mining sector including as co-head of group business development at Xstrata plc, and senior roles at Rio Tinto plc and Cutfield Freeman & Co Ltd. Together with Greenstone’s co-founder, Mr. Sawyer oversees all aspects of the management of the business. He serves as a director of Greenstone Management Ltd, the fund’s General Partner, and is a member, and co-Chairman, of the Investment Committee.

Martin French, Managing Director of North River, commented: “We are delighted to welcome someone of Mark’s calibre to the Board. He is a well-respected figure in the mining sector both in London and internationally. He shares our ambition to build North River into a notable high-growth company, both organically and through acquisition. I think he will be a great asset to the Company, and we are all keen to get to work.”

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