Galileo Resources PLC Board Appointment (2883B)

TIDMGLR

RNS Number : 2883B

Galileo Resources PLC

07 October 2020

For immediate release

7 October 2020

Galileo Resources Plc

("Galileo" or "the Company")

Dissemination of a regulatory announcement that contains

inside information according to Regulation (EU) number 596/2014 (MAR)

Board Appointment

The Board of Galileo Resources plc ("Galileo "or the "Company) is pleased to announce the appointment of Mr Joel Silberstein as Finance Director with immediate effect.

Colin Bird, the Chairman of Galileo commented "We welcome Joel to the board and are sure that his previous and ongoing experience in the small-cap resource sector will assist us greatly in our ongoing mission."

Joel Silberstein holds an Honours Bachelor of Accounting Science degree from the University of South Africa.

He qualified as a chartered accountant with Mazars, Cape Town in 2002, and subsequently joined Toronto-quoted European Goldfields Limited. There he held the position of Group Financial Controller and Vice President Finance, supporting the executive team in growing the company through its exploration and development phases, until it was bought by Eldorado Gold in a C$2.5bn deal.

He joined AIM-traded Xtract Resources plc in mid 2013 and was appointed finance director in February 2014. He has subsequently assisted in several corporate transactions, including those surrounding the Manica gold mining operations, and he has experience of working in multiple jurisdictions around the world.

He is a member of the Institute of Chartered Accountants of South Africa as well a Fellow of the Institute of Chartered Accountants in England and Wales.

As required under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies further disclosures on Mr. Silberstein are as follows.

Mr Joel Messod Silberstein, aged 45, has held the following directorships and/or partnerships in the past five years:

 
 Current directorships and/or       Past directorships and/or partnerships 
  partnerships 
 Xtract Resources PLC               JD Consulting & Tax Limited 
 Xtract Energy Holding Limited 
 Xtract International Limited 
 Xtract Energy Spain SL 
 HA8 Resources Limited 
 Elko Energy A/S 
 Elko Energy BV 
 Elko Exploration BV 
 TJ Capital Limited 
 TJ Resources Limited 
 Newmarket Holdings 
 Sandown Holdings 
 Mistral Resources Resource 
  Development Corporation Limited 
 Morgana Development Corporation 
 RPK Finance Holding BV 
 

Mr Silberstein holds no ordinary shares in the Company. There is no further information on Mr Silberstein required to be disclosed under Schedule Two, paragraph (g) of the AIM Rules for Companies.

You can also follow Galileo on Twitter: @GalileoResource

For further information, please contact: Galileo Resources PLC

 
 Colin Bird, Chairman                   Tel [phone] 
  Edward Slowey, Executive Director      4477 
                                         Tel [phone] 
 Beaumont Cornish Limited - Nomad       Tel [phone] 
  Roland Cornish/James Biddle            3396 
                                      ------------------------ 
 Novum Securities Limited - Joint 
  Broker 
  Colin Rowbury /Jon Belliss            [phone] 
                                      ------------------------ 
 Shard Capital Partners LLP -           Tel [phone] 
  J oint Broker                          9952 
  Damon Heath 
                                      ------------------------ 
 

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October 07, 2020 02:00 ET (06:00 GMT)