Aterian PLC Senior Management Appointment (5270G)
November 16 2022 - 2:00AM
UK Regulatory
TIDMATN
RNS Number : 5270G
Aterian PLC
16 November 2022
16 November 2022
Appointment of Chief Financial Officer
And Directorate Change
Aterian Plc
(" Aterian " or the " Company")
Aterian Plc (LSE: ATN), the critical and strategic metal-focused
exploration and development company, is pleased to announce the
appointment of Mr. Graham Duncan to the position of Chief Financial
Officer ("CFO") with immediate effect.
Graham is a UK-based chartered accountant with more than 25
years of capital markets experience. He also holds the Corporate
Finance Diploma issued by the Institute of Chartered Accountants in
England and Wales. Since 2013, Graham has run a consultancy
business providing transaction support and financial reporting
advice to growing private and public companies in the UK and
internationally, including advising on new admissions to the
Official List of the London Stock Exchange. Prior to this, Graham
was a capital markets and natural resources director with a major
firm of Chartered Accountants in London. Graham has considerable
international experience, including four years in Hong Kong where
he advised on corporate transactions in the Asia Pacific
region.
The Company also announces that Mr. Simon Retter has resigned
from his position as Non-Executive Director with immediate effect
to dedicate more time to his other business ventures.
Charles Bray, Chairman of Aterian, commented:
"I am very pleased to welcome Graham to the Company as Chief
Financial Officer. Graham provided excellent financial and
accounting support and advice throughout our recent acquisition and
listing on the LSE Main Market and is already very familiar with
the Company.
"Graham brings extensive financial, commercial and international
experience which will complement the capabilities of the existing
management team, which includes our newly-appointed COO, announced
on the 8(th) November 2022. We are confident that our expanded team
has the skills necessary to execute our ambitious exploration plans
in both Morocco and Rwanda. As the demand for green metals
increases and we prove up our portfolio of assets, we plan to
become a significant supplier and trader of critical and strategic
metals in Africa.
"I would also like to take this opportunity on behalf of the
Board of Directors to thank Simon Retter for all his past
contributions. Simon has been with the Company since its inception;
his insight, experience, and support has been essential, especially
over the past few years, and we wish him well with his new
endeavours."
- ENDS -
This announcement contains information which, prior to its
disclosure, was inside information as stipulated under Regulation
11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310
(as amended).
For further information, please visit the Company's website:
www.aterianplc.com or contact:
Aterian Plc:
Charles Bray, Executive Chairman -
charles.bray@aterianplc.com
Simon Rollason, Director - simon.rollason@aterianplc.com
Financial Adviser and Broker:
Novum Securities Limited
David Coffman / George Duxberry
Colin Rowbury
Tel: +44 (0)207 399 9400
Financial PR:
Yellow Jersey PR - aterian@yellowjerseypr.com
Tom Randell / Henry Wilkinson / Laurie Gellhorn
Tel: +44 (0)20 3004 9512
Notes to Editors:
About Aterian plc
www.aterianplc.com
Aterian plc is an exploration and development company with a
diversified portfolio in Africa of critical and strategic metals
projects.
Aterian plc is actively seeking to acquire and develop new
critical and strategic metal resources to strengthen its existing
asset base, whilst supporting ethical and sustainable supply
chains. The supply of these metals is vital for the development of
the renewable energy, automotive and electronic manufacturing
sectors that are playing an increasing role in reducing carbon
emissions and meeting climate ambitions globally.
The Company currently has three joint ventures in Rwanda where
it is exploring and developing small-scale tantalum-niobium-tin
mining operations and recently acquired Aterian Resources Ltd, a
wholly owned and battery metals-focused subsidiary of Elemental
Altus Royalties Corp (formerly Altus Strategies plc). Aterian owns
a portfolio of 15 copper and silver projects with a project area of
762 km(2) in the Kingdom of Morocco.
The Company's strategy is to seek new exploration and production
opportunities across the African continent and to develop new
sources of strategic and critical mineral assets for exploration,
development, and trading.
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END
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