TMC Toledo Mining

 
TIDMTMC 
 
17 December 2012 
 
 
 
 
                         Toledo Mining Corporation plc 
 
                          ("Toledo" or the "Company") 
 
                            Appointment of Directors 
 
 
 
Toledo  Mining Corporation plc (AIM:TMC) is pleased to announce the appointments 
of Mr Isidro Consunji and Mr Robert Jenkins as non-executive directors. 
 
 
 
Mr  Isidro Consunji, President of DMCI Holdings  Inc. the parent company of DMCI 
Mining  Corporation ("DMCI Mining"), has agreed to join the board of Toledo (the 
"Board")  as  a  representative  for  DMCI  Mining  which  holds  a 17 per cent. 
shareholding  in Toledo. Mr Consunji  has been a director  of DMCI Holdings Inc. 
for over seventeen years. 
 
 
 
Mr  Robert Jenkins has joined the Board as an independent non-executive director 
and  as the Company's Audit Committee Chairman effective from 1 January 2013. Mr 
Jenkins has over thirty years' experience in investment management and corporate 
finance  and  is  currently  a  partner  in  Northstar Corporate Finance. He was 
previously  a corporate finance consultant to KPMG (Moscow), finance director of 
AIM-quoted  Eurasia Mining plc  and a senior  fund manager for Framlington Group 
plc. 
 
 
 
Victor   Kolesnikov,  Chief  Executive  Officer  said  "These  new  appointments 
significantly strengthen the board. Mr Consunji is a successful senior corporate 
executive with many years' experience of project development in the Philippines, 
whilst   Mr   Robert   Jenkins  is  an  experienced  corporate  financier  whose 
contribution  and  governance  we  welcome  to  the board as an independent non- 
executive director." 
 
 
 
 
 
For further information, please visit www.toledomining.com or contact: 
 
 
 
Victor Kolesnikov, Toledo Mining Corporation plc     +44 (0) 20 7290 3100 
 
 
 
Richard Morrison / Jen Boorer, RFC Ambrian Ltd     +44 (0) 20 3440 6800 
 
 
 
Anthony Shewell, Fin Public Relations   +44 (0) 20 7608 2280 
 
 
 
Carina Corbett,  4C Communications Ltd     +44 (0) 20 3170 7973 
 
 
 
 
 
 
Additional information on Isidro Almeda Consunji (aged 63) 
 
 
 
Current Directorships / Partnerships     Directorships  / Partnerships  with the 
                                         last 5 years 
 
 
 
Atlas     Consolidated     Mining    and Universal  Rightfield Property Holdings 
Development Corp.                        Inc. 
 
Augusta Holdings Inc.                    Montecito Properties Inc. 
 
Bachy Soletanche Philippines Corp. 
 
Bataan Landholdings Corporation 
 
Beta Electric Corporation 
 
Carmen Copper Corporation 
 
Crown Equities Inc 
 
Celebrity Sports Plaza Inc 
 
Cotabato Timberland Co. Inc 
 
Dacon Corporation 
 
DMCI Holdings Inc. 
 
DMCI Homes Inc. 
 
DMCI Mining Corporation 
 
DMCI-MPIC Water Company 
 
DMCI Project Developers Inc. 
 
DM Consunji Inc 
 
Maynilad Water Services Inc. 
 
Semirara Mining Corp. 
 
SEM-Calaca Power Corp. 
 
VConsunji Inc 
 
 
Wire Rope Corporation of the Philippines 
On  19 April  2012, Universal  Rightfield  Property  Holdings Inc. (a company of 
which  Mr Consunji is a  director) filed for liquidation.  The deficiency as per 
creditors is estimated to be approximately PHP 52 million. 
 
Mr  Consunji  is  deemed  to  be  interested in 8,480,250 ordinary shares in the 
Company  (representing  17.01% of  the  issued  share  capital) by virtue of his 
family's  interest  in  DMCI  Holdings  Inc.,  the parent company of DMCI Mining 
Corporation. 
 
 
 
The  information  detailed  above  is  disclosed  in accordance with Rule 17 and 
Schedule  Two (g)  of the AIM Rules  for Companies.  Except for  the information 
disclosed  in this announcement, there is no other information which falls to be 
disclosed under these rules. 
 
 
 
 
 
Additional information on Robert John Garton Jenkins (aged 59) 
 
 
 
Current Directorships / Partnerships   Directorships  /  Partnerships  with  the 
                                       last 5 years 
 
 
 
AJ Poels & Company Ltd                 Allied Service Group Inc. 
 
Devereux Lane Management Company Ltd   Global Diamond Resources plc 
 
Griffins Meat Company Ltd              Kao Diamonds Ltd 
 
Northstar Corporate Finance OY         RA Global Services Inc. 
 
RN SCA SICAR                           World Gold Corporation plc 
 
Ruspetro plc 
 
The Packing House Products Company Ltd 
 
 
 
Mr  Robert Jenkins  was a  director of  Global Diamond  Resources plc  which was 
placed  into  administration  in  March  2010 and subsequent creditors voluntary 
liquidation which is still ongoing. The deficiency as per creditors is estimated 
to  be  approximately   GBP15  million,  with  almost  all the deficiency being due 
relating  principally  to  shareholder  loans,  as  well  as  to unpaid director 
expenses and remuneration. 
 
Mr  Robert  Jenkins  was  a  non-executive  director  of  Irlasto  plc, an Irish 
incorporated  non-publicly traded company  with leisure and  retail interests in 
Russia,  as  representative  of  the  Framlington  Russian Investment Fund. This 
company went into liquidation in 1996. 
 
Mr Jenkins does not have any interests in the Company's shares. 
 
The  information  detailed  above  is  disclosed  in accordance with Rule 17 and 
Schedule  Two (g)  of the AIM Rules  for Companies.  Except for  the information 
disclosed  in this announcement, there is no other information which falls to be 
disclosed under these rules. 
 
Toledo Mining Corporation: Appointment of Directors: 
http://hugin.info/137994/R/1665736/540492.pdf 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Toledo Mining Corporation PLC via Thomson Reuters ONE 
[HUG#1665736] 
 

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