– UK, London – Greatland Gold plc (AIM:GGP), the London Stock Exchange AIM listed precious and base metals exploration and development business is pleased to announce that further to the announcement of 6th April 2016 and following completion of due diligence procedures, the Company has appointed Alex Borrelli and Paul Johnson as non-executive directors.
Andrew Bell, Chairman of Greatland commented “we are pleased to announce the appointment of Alex and Paul as new non-executive directors. We have already commenced the strategic review outlined in our announcement of 6th April which will encompass an assessment of our existing projects and the consideration of a range of new opportunities, some of which may emerge from the network of contacts and pipeline of opportunities that the new directors have developed at Metal Tiger Plc.
The board of Greatland will be actively engaged in driving the Company forward by focussing management and financial resources on the best prospects in the current portfolio and by identifying and acquiring new opportunities that have the potential to deliver material returns for investors.
It is an exciting time for the Company and we start this new phase when the mineral resource sector is showing signs it may be finally emerging from the doldrums. We would like to thank investors for their support thus far, and we trust that the new energies we have within the team will help drive the value our ardent investors deserve.”
About Paul Johnson
Paul Johnson, aged 46, is a Director and the Chief Executive Officer of Metal Tiger PLC, a company listed on the AIM market of the London Stock Exchange. Mr Johnson is a co-founder of MiningMaven, an investor communications service focused on the natural resources sector, and his previous roles have included Business Risk Consulting Group Manager for FM Global and Regional Director for Capita McLarens. Mr Johnson is a Chartered Accountant, and an Associate of the Chartered Institute of Loss Adjusters and of the Chartered Insurance Institute. He holds a BSc (Hons) in Management Science from UMIST School of Management in Manchester.
Mr Johnson and his spouse are interested in 54,406,636 ordinary shares of 0.1 pence each, representing 4.56 per cent of the Company’s issued share capital.
About Michael Alexander Borrelli
Michael Alexander Borrelli, FCA, aged 60, is the Chairman and Chief Executive of BMR Group PLC, a company listed on the AIM market of the London Stock Exchange. Mr Borrelli qualified as a Chartered Accountant with Deloitte, Haskins & Sells, London in 1982. He then moved into investment banking, with Shore Capital, Granville and CCF Laurence Prust, and has acted on a wide variety of corporate transactions in a senior role for over 20 years, including flotations, takeovers, and mergers and acquisitions for private and quoted companies. Mr Borrelli was, until recently, chairman of Ablon Group Limited, a real estate group with a portfolio valuation of ca EUR400 million in Central Europe (formerly listed on the Main Market, standard segment, of the London Stock Exchange prior to being the subject of a successful cash offer in 2013).
Mr Borrelli will be Chairman of the Company’s audit committee.
About Greatland Gold plc
Greatland Gold plc is London listed (LON:GGP) natural resource exploration and development company with a current focus on gold and nickel exploration projects.
The Company has four main projects; two situated in Western Australia and and two in Tasmania. All projects are 100% owned by Greatland.
Greatland is seeking to identify large mineral deposits in areas that have not been subject to extensive exploration previously. It is widely recognised that the next generation of large deposits will come from such under-explored areas and Greatland is applying advanced exploration techniques to investigate a number of carefully selected targets within its focused licence portfolio.
The Company is also actively investigating a range of new opportunities in precious and strategic metals and will update the market on new opportunities as and when appropriate.
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