Tethyan Resources PLC Appointment of Directors (0147S)
December 16 2016 - 2:00AM
UK Regulatory
TIDMTETH
RNS Number : 0147S
Tethyan Resources PLC
16 December 2016
16 December 2016
TETHYAN RESOURCES PLC
(the "Company" or "Tethyan")
APPOINTMENT OF DIRECTORS
Further to the announcement of 21 November, the board of Tethyan
Resources PLC (the "Board") is pleased to announce that it has
appointed John Proust and Michael Andrews as non-executive
directors of the Company, as representatives of Southern Arc
Minerals Inc, with immediate effect. Further details on Messrs
Proust and Andrews are set out below.
Christopher Goss, Chairman of the Company, commented; "I am
delighted to welcome John and Mike to the board of Tethyan; we are
grateful for their support and that of Southern Arc to date, and we
all very much look forward to working with them to further develop
the Company and take its projects forward".
Mr. Proust is the founder and principal shareholder of numerous
public and private companies. He has directed, managed and advised
public and private companies regarding corporate strategy and
structure, debt and equity financing, mergers and acquisitions, and
corporate restructuring since 1986. Mr. Proust has held senior
positions and served on the boards of many private and TSX-V/CSE
listed companies. He is currently Chairman and CEO of Japan Gold
Corp., Chairman and CEO of Southern Arc Minerals Inc., Chairman of
Canada Energy Partners Inc., Interim President & CEO and a
director of Outrider Energy Corp., and a director of Q Investments
Ltd. Mr. Proust received the designation of Chartered Director
(C.Dir.) from McMaster University, Directors College, Michael G.
DeGroote School of Business.
Mike Andrews is a geologist with more than 35 years of research
and mining industry experience in gold, copper, coal and iron
exploration. He holds an honours degree in Geology from the
University of Reading, and a doctorate in exploration geochemistry
from the University of Wales. Dr. Andrews is currently President
and Chief Operating Officer of Southern Arc Minerals, President and
Chief Operating of Japan Gold, and a Director of Q Investments. He
played an instrumental role in the discovery, exploration,
feasibility and development of the Way Linggo Gold Mine in
Indonesia. Dr. Andrews also held the positions of executive
director and chief geologist of AuIron Energy Ltd., Director of
Gold Operations for Meekatharra Minerals Ltd., and managed the
Teck-MM Gold Indonesian Joint Venture, an exploration portfolio of
thirteen gold and copper projects in Indonesia. He also held senior
exploration positions with Ashton Mining Ltd, Aurora Gold Ltd and
Muswellbrook Energy and Minerals Ltd.
Michael John Andrews, age 62
Current Directorships Past Directorships within
last 5 years
Southern Arc Minerals Eagle Hill Exploration
Inc Ltd
Japan Gold Corp Superior Mining Corporation
Q Investments Ltd Advance Holdings Concept
Meliadine Gold Inc Kingsrose Mining Ltd
PT Paragon Perdana Mining
PT Promincon
John Graham Proust, age 57
Current Directorships Past Directorships within
last 5 years
Southern Arc Minerals Superior Mining International
Inc Corporation
Japan Gold Corp Charlotte Resources Ltd
Q Investments Ltd American Potash Corp
Outrider Energy Corp New Zealand Energy Corp
Canada Energy Partners Eagle Hill Exploration
Inc Corporation
J. Proust & Associates
Inc
TekModo Industries Inc
Save as disclosed above, there are no other matters which are
required to be disclosed with regard to the appointment of either
John Proust or Michael Andrews in accordance with Rule 17 and
paragraph (g) of Schedule 2 of the AIM Rules for Companies.
For further information please contact:
Tethyan Resources PLC +44 (0) 1534 881 885
Peter Mullens (CEO) pjm@tethyan-resources.com
Cairn Financial Advisers
LLP +44 (0) 207 213 0880
James Caithie / Sandy
Jamieson
About Tethyan
Tethyan is an AIM quoted junior exploration company exploring
for copper and gold within the Tethyan mineral belt. Tethyan has an
experienced Board and technical team. Currently Tethyan holds
several licences in Serbia and is looking for other copper and gold
projects in Eastern Europe, specifically Serbia and Bulgaria.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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