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30 July 2021
Sylvania Platinum Limited
("Sylvania", the "Company" or the "Group")
Appointment of Director
Sylvania Platinum (AIM: SLP) is pleased to announce the appointment of Mr. Adrian Reynolds as Independent Non-executive Director, with effect from 1 August 2021.
Mr. Reynolds has over 40 years' experience in the mining and minerals industry commencing his directorship career in 2010 at Morila, a Randgold Resources subsidiary. He is currently a director of Resolute Mining Limited and Mkango Resources Limited and has previously held directorship positions at Somilo SA (a Randgold Resources subsidiary), Aureus Mining Limited, Digby Wells Environmental, Geodrill Limited, Acacia Mining Plc, and GT Gold Corporation.
Mr. Reynolds is a fellow of the Institute of Materials, Minerals and Mining as well as of the Geological Society of South Africa. He is a registered Professional Natural Scientist and holds a Masters of Science in Geology obtained from Rhodes University in 1979 as well as a Graduate Diploma in Engineering obtained from the University of Witwatersrand in 1987.
Stuart Murray, Chairman of Sylvania, commented: "I am delighted to welcome Adrian to Sylvania. He brings a wealth of mining knowledge and experience to the Board and we look forward to his input and guidance as we continue to deliver value to shareholders."
Further information:
Mr. Reynolds (age 67) holds or has held the following directorships or partnerships in the past five years:
Current directorships and partnerships:
Resolute Mining Limited
Mkango Resources Limited
Previous directorships and partnerships:
GT Gold Corporation
Acacia Mining plc
Geodrill Limited
Digby Wells and Associates (Pty) Ltd (known as Digby Wells Environmental)
Digby Wells and Associates (International) Limited
Digby Wells and Associates (South Africa) (Pty) Limited
Mr. Reynolds does not have a beneficial interest in any ordinary shares of the Company and has confirmed that, other than the information disclosed above, there is no further information in connection with his appointment required to be disclosed under Schedule Two, paragraph (g) of the AIM Rules for Companies.
CONTACT DETAILS
| For further information, please contact: |
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| Jaco Prinsloo CEO Lewanne Carminati CFO | +27 11 673 1171 |
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| Nominated Adviser and Broker |
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| Liberum Capital Limited | +44 (0) 20 3100 2000 |
| Richard Crawley / Scott Mathieson / Ed Phillips |
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| Communications |
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| Alma PR Limited | +44 (0) 20 3405 0208 |
| Justine James / Harriet Jackson / Faye Calow | sylvania@almapr.co.uk |
CORPORATE INFORMATION
| Registered and postal address: | Sylvania Platinum Limited |
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| Clarendon House |
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| 2 Church Street |
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| Hamilton HM 11 |
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| Bermuda |
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SA Operations postal address: |
PO Box 976 |
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| Florida Hills, 1716 |
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| South Africa |
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Sylvania Website: www.sylvaniaplatinum.com
About Sylvania Platinum Limited
Sylvania Platinum is a lower-cost producer of platinum group metals (PGM) (platinum, palladium and rhodium) with operations located in South Africa. The Sylvania Dump Operations (SDO) comprises six chrome beneficiation and PGM processing plants focusing on the retreatment of PGM-rich chrome tailings materials from mines in the Bushveld Igneous Complex. The SDO is the largest PGM producer from chrome tailings re-treatment in the industry. The Group also holds mining rights for PGM projects and a chrome prospect in the Northern Limb of the Bushveld Complex.
For more information visit https://www.sylvaniaplatinum.com/
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse regulation (EU) no.596/2014 as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019.
For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of the Company by Jaco Prinsloo.
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