Erris Resources PLC Directorate Change (6585D)

TIDMERIS

RNS Number : 6585D

Erris Resources PLC

11 October 2018

Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the publication of this announcement, this information is now considered to be in the public domain.

Erris Resources plc / EPIC: ERIS.L / Market: AIM / Sector: Mining

11 October 2018

Erris Resources plc

("Erris Resources" or the "Company")

Appointment of new Chief Executive Officer

Erris Resources plc, the European focused mineral exploration company with a portfolio of zinc and base metals projects in Ireland and gold projects in Sweden, is pleased to announce the appointment of Anton du Plessis as Chief Executive Officer, effective today. The appointment follows the resignation of Merlin Marr-Johnson as a director of the Company, also today, who has elected to step down to pursue other business interests.

The appointment as Chief Executive Officer has been approved by the Board of Erris Resources and Mr du Plessis will join the Board upon completion of director checks by the Company's Nominated Adviser, which are underway. A further announcement will be made in due course regarding Mr du Plessis' appointment to the Board of Erris Resources.

Mr du Plessis has over 20 years' experience in the finance sector. During this time, he has held senior positions at several international investment banks including CIBC (The Canadian Imperial Bank of Commerce), Bank of America Merrill Lynch and Morgan Stanley with a focus on advising natural resources companies on the execution of strategic and financing transactions. He has worked on transactions across a range of commodities and for a number of leading global players including Anglogold Ashanti, Rio Tinto and BHP Billiton. Prior to embarking on his investment banking career, Mr du Plessis worked for the Anglo American group in a corporate finance and business development capacity.

Jeremy Martin, Chairman of Erris Resources, commented, "I would like to take this opportunity to thank Merlin for his work for Erris Resources over the past year as it transitioned into a publicly listed company, and welcome Anton to the Company. Attracting someone of Anton's calibre, with a track record of advising leading mining companies, will be a positive addition to the team. He has invaluable specialist knowledge, experience and a wealth of international industry contacts, which will be of particular value as we work to build the value in Erris Resources through the development of our asset portfolio and its strategy to identify high value opportunities."

*ENDS*

 
                                                             [phone] 
 Jeremy Martin              Erris Resources plc               280 
                            Allenby Capital (Nominated       [phone] 
 David Hart/Liz Kirchner     Adviser)                         5656 
                                                             [phone] 
 Erik Woolgar               Shard Capital (Joint Broker)      9952 
                            Turner Pope Investments          [phone] 
 Andy Thacker                (TPI) Ltd (Joint Broker)         4120 
 Isabel de Salis/Gaby       St Brides Partners (Financial    [phone] 
  Jenner                     PR)                              1177 
 

Notes

Erris Resources plc (EPIC: ERIS.L) is an AIM quoted, European focused, discovery driven exploration company. Supported by Canadian mining majors, Osisko Gold Royalties, which has a 18.9% interest in the Company, and Centerra Gold KB Inc, a wholly owned subsidiary of TSX listed Centerra Gold Inc., the Company has an established portfolio of zinc assets in Ireland and gold projects in Sweden, which it is looking to further build on. Led by a highly qualified team with extensive corporate and sector experience, Erris Resources' strategy is to create shareholder value through commercial discovery of base or precious metal assets in proven mineral districts and in favourable European jurisdictions.

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October 11, 2018 02:00 ET (06:00 GMT)