Tethyan Resources PLC Appointment of Financial Controller (9151J)
July 03 2017 - 5:44AM
UK Regulatory
TIDMTETH
RNS Number : 9151J
Tethyan Resources PLC
03 July 2017
3(rd) July, 2017
Appointment of Financial Controller
The Board announces that Martyn Keates has stepped down from his
non-Board position as Chief Financial Officer with the Company
effective 30(th) June 2017. Tethyan has appointed Mr Sol Thacker as
Financial Controller of the Company as of 1(st) July 2017.
Sol is a Chartered Accountant and Member of the Institute of
Chartered Accountants in Australia and holds a Bachelor of Business
from the Queensland University of Technology. Sol has managed the
accounts and administration of the Company's principal trading
subsidiary, Tethyan Resources Jersey Ltd, for the past four years
and therefore has detailed knowledge of the Company's operations.
Additionally Sol has extensive experience in UK accounting
standards and previously held the position of CFO of TSX-V listed
Royal Road Minerals Ltd, making him well suited to the role.
Tethyan will look to appoint a new Chief Financial Officer in
due course to oversee the Company's finances with particular
expertise related to its planned dual listing on the Toronto
Venture Exchange.
For further information please contact:
Tethyan Resources PLC +44 1534 881 885
Peter Mullens (CEO) pjm@tethyan-resources.com
Cairn Financial Advisers +44 (0) 207 213
LLP 0880
James Caithie / Sandy
Jamieson
SP Angel Corporate Finance
LLP
Broker +44 (0) 20 3470
Ewan Leggat 0470
About Tethyan
Tethyan Resources Plc ("Tethyan Resources") is incorporated in
England & Wales (company registration number 3781581) and is a
gold and copper mineral exploration company. Tethyan Resources
listed on AIM (TETH.L) in 2004.
Exploration is conducted in the Tethyan Belt of Eastern Europe,
in particular Serbia where we are acquiring a portfolio of quality
precious and base metals projects with known mineralisation and
compelling drill targets.
Sustainability is paramount to all Tethyan's activities. The
long-term success of Tethyan Resources is connected to our ability
to operate in a socially and environmentally responsible way. We
are committed to proactively implement sustainable health, safety
and environmental management, as well as engage with local
communities and all stakeholders. Tethyan Resources' business
philosophy is to adhere to good international best practice (GIIP)
and implement the highest standards of corporate governance.
More information can be found on our website:
www.tethyan-resources.com. This announcement contains inside
information for the purposes of Article 7 of EU Regulation
596/2014.
Disclaimer
This announcement does not comprise a prospectus or other form
of offering document relating to Tethyan Resources plc ("the
Company"), and does not constitute an offer or invitation to
purchase or subscribe for any securities of the Company or any
other company and should not be relied on in connection with a
decision to purchase or subscribe for any such securities.
The announcement does not constitute a recommendation regarding
any decision to sell or purchase securities of the Company or any
other company. Your attention is drawn to the risk factors set out
below.
This announcement may contain forward-looking statements
including, but not limited to, comments regarding the timing and
content of upcoming work programs, geological interpretations,
receipt of property titles, potential mineral recovery processes,
and other related matters. Forward-looking statements address
future events and conditions and therefore involve inherent risks
and uncertainties. The Company's current projects in Serbia are at
an early stage and all estimates and projections are based on
limited and possibly incomplete data. More work is required before
geological and economic aspects can be confidently modelled. Actual
results may differ materially from those currently anticipated in
this announcement. No representation or prediction is intended as
to the results of future work, nor can there be any guarantee that
estimates and projections herein will be sustained in future work
or that the Project will otherwise prove to be economic.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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