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OTC Ortac Res.

2.45
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ortac Res. LSE:OTC London Ordinary Share VGG6829M1187 ORDS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.45 2.40 2.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Ortac Resources Limited Board Appointment (8918U)

24/01/2017 7:00am

UK Regulatory


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RNS Number : 8918U

Ortac Resources Limited

24 January 2017

24 January 2017

Ortac Resources Ltd

("Ortac" or the "Company")

Board Appointment

The Board of Ortac, the mineral exploration company operating in Europe and Africa, is pleased to announce that it has appointed Nick von Schirnding to its Board of Directors as a Non-executive Director with immediate effect.

Nick has over 25 years' experience in Mining and Natural Resources, and is currently an executive with Garrison Capital, which has developed and listed companies in the resources sector. Formerly, Nick was the CEO of Asia Resource Minerals plc, a FTSE listed mining company, where he was instrumental in successfully restructuring the group (formerly Bumi plc). Nick was also previously the deputy chairman of Berau Coal, one of Indonesia's largest coal producers, and a senior executive with Anglo American plc and De Beers.

Vassilios Carellas, Ortac's CEO, commented: 'I am delighted to welcome Nick to the board of Ortac. Nick brings a wealth of experience and business acumen, especially from the mining and exploration sector, which will further enhance the skill set of the board.'

Further information in relation to Nick von Schirnding is provided below.

Nicholas Kurt von Schirnding, aged 54, currently holds or has held the following directorships and partnerships in the last five years:

 
 Current Directorships   Past Directorships 
 None                    Asia Coal Resources Limited 
                          Asia Resource Minerals 
                          Limited (formerly BUMI 
                          plc) 
                          Carajas Copper Company 
                          Limited 
                          PT Berau Coal Energy Tbk 
                          Vallar Investments UK 
                          Limited 
 

This announcement sets out all of the disclosures required pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies.

-ENDS-

 
 
 
  For further information, please contact: 
Ortac Resources Ltd 
Vassilios Carellas (CEO)                 +44 (0) 20 7389 9050 
SP Angel (Nominated Adviser & Broker) 
 Ewan Leggat/Lindsay Mair                +44 (0) 20 3470 0470 
Joint Brokers 
Beaufort Securities 
 Jon Belliss / Elliot Hance             +44 (0)20 7382 8300 
Peterhouse Corporate Finance Limited    +44 (0) 20 7469 0930 
 Guy Miller                              www.pcorpfin.com 
 Lucy Williams 
 

For additional information please visit - www.ortacresources.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOABRGDBCGDBGRX

(END) Dow Jones Newswires

January 24, 2017 02:00 ET (07:00 GMT)

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