BMR Group PLC Appointment of Non-Executive Director (9332K)

TIDMBMR

RNS Number : 9332K

BMR Group PLC

16 April 2018

BMR Group PLC

("BMR" or the "Company")

Appointment of Non-Executive Director

The Company is pleased to announce that Colin Bird has joined the board of BMR with immediate effect as a non-executive Director. Mr Bird has been nominated by Jubilee Metals Group PLC ("Jubilee") as a result of its equity interest in BMR exceeding 15per cent in accordance with the agreement reached between BMR and Jubilee, as announced on 15 January 2018.

Mr Bird (aged 74) is a seasoned mining engineer who has developed and managed a number of listed mining companies diverse in countries and commodities. His experience will be a benefit in developing current assets and assisting his fellow directors to enhance value for shareholders.

The following additional information is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies in relation to the appointment of Mr Bird:

 
 Current Directorships /       Past Directorships 
  Partnerships                  / Partnerships (last 
                                5 years) 
-----------------------------  ----------------------------- 
                               1 Tara Bar and Restaurant 
African Pioneer Plc             CC 
Bird Leisure and Admin (Pty) 
 Ltd                           Add X Trading 810 CC 
Braemore Resources Ltd         Afminco (Pty) Ltd 
Ferrum Crescent Ltd            Dialyn Café CC 
                               Dullstroom Plats (Pty) 
Galagen (Pty) Ltd               Ltd 
                               Emanual Mining and 
Galileo Resources Plc           Exploration (Pty) Ltd 
Galileo Resources South        Isigidi Trading 413 
 Africa (Pty) Ltd               CC 
Glenover Phosphate (Pty)       Jubilee Smelting & 
 Ltd                            Refining (Pty) Ltd 
Holyrood Platinum (Pty)        Mokopane Mining & Exploration 
 Ltd                            (Pty) Ltd 
Jubilee Metals Group Plc       NDN Properties CC 
Jubilee Tailings Treatment 
 Company (Pty) Ltd             Orogen Gold Plc 
                               Pilanesberg Mining 
Lion Mining Finance Ltd         Co (Pty) Ltd 
                               Pioneer Coal (Pty) 
M.I.T. Ventures Group           Ltd 
Maude Mining & Exploration 
 (Pty) Ltd                     PowerAlt (Pty) Ltd 
New Age Metals Inc             SacOil Holdings Ltd 
NewPlats (Tjate) (Pty) Ltd     Sovereign Energy Plc 
Revelo Resources Corp          Jubilee Platinum Inc. 
                               Polar Mining (Barbados) 
Tiger Resource Finance Plc      Ltd 
Tjate Platinum Corporation     Celeste Uranium (Barbados) 
 (Pty) Ltd                      Ltd 
Umhlanga Lighthouse Café  Serena Mining (Barbados) 
 CC                             Ltd 
Windsor Platinum Investments 
 (Pty) Ltd 
Xtract Resources Plc 
 
 

Mr Bird holds an interest in 506,250 ordinary shares in the Company, representing approximately 0.21 per cent of the existing issued ordinary shares. As noted above, Mr Bird is a director, and chairman, of Jubilee Metals Group Plc, which has an interest of 29.01 per cent in the Company and is expected shortly to enter into a joint venture and operating agreement with the Company in respect of the Kabwe operations.

There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.

Commenting today, Mr Alex Borrelli, CEO said:

"We welcome Colin Bird to the board and I personally look forward to working with him to advance BMR with the Kabwe project as our foundation platform whilst moving on to complementary projects. "

For further information:

 
 BMR Group PLC 
  Alex Borrelli, CEO and Chairman    020 7734 7282 
 WH Ireland Limited (NOMAD 
  and Joint Broker) 
  Chris Fielding, Managing 
  Director, Corporate Finance 
  Alex Bond, Executive               020 7220 1666 
 Peterhouse Corporate Finance 
  (Joint Broker) 
  Lucy Williams 
  Duncan Vasey 
  Heena Karani                       020 7469 0930 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 16, 2018 02:25 ET (06:25 GMT)