Stratmin Global Resources PLC Directorate Changes and Change of Adviser (1366K)

TIDMSTGR

RNS Number : 1366K

Stratmin Global Resources PLC

19 September 2016

StratMin Global Resources Plc

("StratMin" or the "Company")

Directorate Changes and Change of Adviser

StratMin Global Resources Plc (AIM: STGR) is pleased to announce the appointment to its board of Mr Zegham Choudhry, as a non-executive director, with immediate effect.

Mr Choudhry is an experienced banker and fund manager and brings a wealth of market experience to the StratMin team. He will also provide the Company with a permanent Board presence in London at a critical time as the Company pursues new opportunities following the recent divestment of its core graphite operation in Madagascar.

David Ranil Premraj has resigned from the Board with immediate effect in order to pursue a new full time role. Mr Premraj represented the interests of Consolidated Minerals Pte Ltd, which lead the original transaction to acquire the graphite assets in Madagascar. We thank Mr Premraj for his tireless efforts over a number of years and wish him all the very best in his new role.

The Company is also pleased to announce the appointment of Allenby Capital Limited as its nominated adviser and joint broker with immediate effect.

Director Appointment

The following information is disclosed pursuant to Schedule 2(g) of the AIM Rules for Companies:

Mr Zegham 'Zeg' Rashid Choudhry, aged 51, is, or has been, a director or partner of the following entities within the past five years:

 
 Current Directorships and     Directorships and 
  Partnerships:                 Partnerships held 
                                in the previous 5 
                                years: 
 IAC Trading Limited                - 
  The London Trading Company 
  (UK) plc

Brett Boynton, Executive Chairman, Commented:

"We are repositioning the Company following the successful divestment of Graphmada and are delighted to welcome Zeg to the team to aid us with this. Our Vatomaina project is now development ready and we are looking forward to executing that with joint venture partner, Tirupati. In addition, we are looking at a range of new projects to bring into the Company that can fully utilise the Tranche 2 and Tranche 3 payments from Bass."

For further information please visit www.stratminglobal.com or contact:

 
 StratMin Global Resources Plc         +44 (0) 20 
  Brett Boynton, CEO                    3691 6160 
 Allenby Capital (Nominated Adviser 
  & Broker) 
  John Depasquale/Nick Harriss/Liz     +44 (0) 020 
  Kirchner                              3328 5656 
 
 Optiva Securities (Broker)            +44 (0) 20 
  Christian Dennis                      3137 1903

This information is provided by RNS

The company news service from the London Stock Exchange

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