Firestone Diamonds PLC Board changes (6546T)
July 05 2018 - 2:00AM
UK Regulatory
TIDMFDI
RNS Number : 6546T
Firestone Diamonds PLC
05 July 2018
5 July 2018
Firestone Diamonds plc
("Firestone", the "Group" or the "Company")
Board changes
Firestone Diamonds plc (AIM: FDI), the new diamond producer with
operations focused in Lesotho, is pleased to announce that Patrick
Meier has joined the Board as a non-executive director, effective
immediately.
Patrick Meier has 25 years of experience in mining and is
currently Chairman of Anglo Pacific Group plc. Between 1982 and
2014, Patrick spent his career with Royal Bank of Canada (Europe)
Limited, latterly as Head of European Investment Banking.
The Company also announces that Debbie Thomas and Mike Wittet
have stepped down from the Board.
Lucio Genovese, Non-Executive Chairman, said: "I am delighted to
welcome Patrick Meier to the Board. Patrick brings a wealth of
knowledge and experience in the mining sector, having been an
adviser and financier to numerous companies over the past 25 years.
He will be a valuable addition to the Board as we look at ways of
continuing to strengthen the Company's financial position following
the recent refinancing.
"I would also like to thank Debbie and Mike for their services
to the Board of Directors over the past several years during a key
part of the Company's transformation into a major diamond
producer."
Information regarding Patrick Meier to be disclosed under
Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for
Companies:
Directorships currently and previously held by Nicolas Patrick
Henderson Meier (aged 68) are as follows:
-- Anglo Pacific Group plc (2015 - current)
-- Royal Bank of Canada (Europe) Limited (2005 - 2014)
Mr Meier was also a director of a private company, Brierywood
Limited, which went into receivership in 1981.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 ("MAR").
For more information please visit www.firestonediamonds.com or
contact:
+44 (0)20 8741
Firestone Diamonds plc 7810
Paul Bosma
Grant Ferriman
Macquarie Capital (Europe) Limited (Nomad +44 (0)20 3037
and Broker) 2000
Nick Stamp
Nicholas Harland
Guy de Freitas
+44 (0)20 7920
Tavistock (Public and Investor Relations) 3150
Simon Hudson
Jos Simson
Gareth Tredway
About Firestone
Firestone is an international diamond mining company with
operations focused in Lesotho. Firestone commenced commercial
production in July 2017 at the Liqhobong Diamond Mine in Lesotho.
Lesotho is emerging as one of Africa's significant new diamond
producers, hosting Gem Diamonds' Letšeng Mine, Firestone's
Liqhobong Mine, Namakwa Diamonds' Kao Mine and Lucapa's Mothae
Mine.
-ends-
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END
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