16 December 2020
Tertiary Minerals plc ("Tertiary" or "the Company")
Appointment of Non-executive Director
Tertiary Minerals plc is pleased to announce that it has appointed Dr Mike Armitage as an independent non-executive director of the Company effective immediately following the Annual General Meeting to be held on 28th January 2021.
Dr Armitage is currently employed by SRK Consulting (UK) Ltd, part of the SRK Group, a leading global mining consultancy. He has over 35 years' experience in the mining industry and at SRK has been responsible for managing feasibility studies and stock exchange Competent Persons Reports on behalf of mining and exploration companies, as well as audits and due diligence studies and independent valuations of exploration and mining assets on behalf of investment institutions or in support of mergers and acquisitions. During his time with SRK, Dr Armitage has been Managing Director and Chairman of the SRK's UK practice, Director of several of SRK's individual company practices, including SRK's Exploration Services, and SRK Group Chairman.
He is currently Chair of the Applied Earth Science Division of the Institute of Materials, Minerals & Mining, Chair of the Geological Society Business Forum and Honorary Chair of the Critical Minerals Association.
Dr Armitage will also be appointed as Chairman of the Company's Remuneration Committee and to the Company's Audit and Nomination Committees. He will be offered for re-election at the AGM to be held in 2022 in accordance with the Company's Articles.
Commenting today, Executive Chairman Patrick Cheetham said: "We have been looking for a high-calibre candidate for some time now and I am delighted that Mike has agreed to join us. His extensive experience and global contacts in the mining industry will be a valuable resource for the Company as we seek to advance our expanding portfolio of mineral projects."
The following information regarding the appointment of Dr Michael Graham Armitage, aged 58, is disclosed under Schedule 2(g) of the AIM Rules for Companies:
Current directorships and/or partnerships:
Former directorships and/or partnerships (within the last five years):
West Wales Gold Limited
SRK Consulting (Russia) Limited
SRK Consulting (Russia) Nominee Company Limited
SRK Exploration Services Limited
Steffen, Robertson and Kirsten (Global) Trust Company Limited
SRK Consulting (UK) Trust Company Limited
SRK Consulting (Europe) Limited
SRK Consulting (Global) Limited
SRK Consulting (Australasia) Pty Ltd
Dr Armitage holds no shares in the Company and holds no warrants or options over the Company's shares.
There are no further disclosures required under Schedule 2(g) of the AIM Rules for Companies.
For more information please contact:
Tertiary Minerals plc:
Patrick Cheetham, Executive Chairman
+44 (0) 1625 838 679
SP Angel Corporate Finance LLP
Nominated Adviser and Broker
+44 (0) 203 470 0470
Peterhouse Capital Limited
+ 44 (0) 207 469 0930
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
Note to Editors:
Tertiary Minerals plc (ticker symbol 'TYM') is an AIM-traded mineral exploration and development company building a multi-commodity project portfolio.