Paternoster Resources PLC Appointment of adviser

TIDMPRS

Paternoster Resources PLC

01 June 2017

1 June 2017

PATERNOSTER RESOURCES PLC

"Paternoster" or the "Company"

Appointment of adviser

The Company recently announced that it now has a new major shareholder, GAEA Resources Limited ("GAEA"), and that it sees opportunities to develop business in the Far East using GAEA's excellent financial and commercial relationships. In order to progress these opportunities, Paternoster has decided to appoint Mr Christopher Neo as an adviser to the Company with immediate effect. Christopher is based in Hong Kong and has excellent relationships with a number of Hong Kong based groups and organisations. His background is in finance and investment and he is licensed for asset management activities with the Securities and Futures Commission in Hong Kong.

Nicholas Lee, Chairman said:

"I am very pleased that Christopher has agreed to advise and assist the Company with the various initiatives that we expect to arise from this region in the short term."

For more information please contact:

Paternoster Resources plc:

Nicholas Lee, Chairman [phone]

   Nominated Adviser and Joint Broker:                                            [phone] 

Stockdale Securities

Antonio Bossi/David Coaten

Joint Broker: [phone]

Peterhouse Capital Limited

Lucy Williams

PR:

Cassiopeia Services [phone]

Stefania Barbaglio

This information is provided by RNS

The company news service from the London Stock Exchange

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June 01, 2017 02:00 ET (06:00 GMT)