Jubilee Metals Group appoints Ollie Oliveira to its Board as Independent Director and next Chairman

– UK, London –  Jubilee Metals Group PLC (LON: JLP), a leader in metals processing with operations in Africa today announced the appointment of Ollie Oliveira to its Board as an independent non-executive director with immediate effect.

The board has also appointed Ollie Oliveira as the independent non-executive Chairman with effect from 1 June 2022 following the decision by Colin Bird to retire as non-executive Chairman.

Leon Coetzer, CEO, said: “I welcome Ollie to the board of Jubilee and look forward with great confidence to working closely with him as we continue to build on our recent period of significant growth and sustained financial performance. Ollie’s experience will be of significant value to our Company given his vast experience, knowledge of the sector and deep understanding of financial markets, as the roll-out of our global metals processing strategy continues this year and beyond.”

About Manuel Lino Silva de Sousa Oliveira (Ollie)

Ollie is a Chartered Accountant and economist with over 35 years of strategic and operational experience in the mining industry and corporate finance. Mr. Oliveira has substantial international experience, having been an executive and non-executive director, and chair of board committees, of companies quoted on various exchanges. He previously held senior executive positions within the Anglo-American Group, including as Executive Director – Corporate Finance as well as Head of Strategy and Business Development at De Beers S.A. Ollie has led and managed corporate finance assignments totaling over US$ 36 billion covering every major commodity, including the US$ 19.3 billion De Beers public-to-private transaction in 2001. With his executive experience, Mr. Oliveira has profound knowledge and contacts at Government levels in several African and South American resources jurisdictions.

Ollie currently serves as a non-executive director and chair of the audit committee of Vale S.A., the Brazilian multinational corporation engaged in metals and mining and one of the largest logistics operators in Brazil. In addition, he has previously been on the board, in non-executive capacities, of BlackRock World Mining Trust Plc, Polymetal International plc, and Antofagasta Minerals plc – the latter two being former and current constituents, respectively, of the FTSE 100.

Ollie Oliveira said: “I am excited to be joining such a unique business at this exciting point in its growth phase. It is rare that a metal-producing company’s core business also serves to clean up the environmental liabilities of the past. And, while the opportunities to roll out this model globally are numerous, they need to be pursued with prudence and sound judgment.”

Critically Ollie, who is based in the UK, has over 18 years of experience in engaging with London-based institutional investors. His appointment follows a thorough assessment of potential candidates and was approved after a unanimous vote by Jubilee directors.

For more information: https://jubileemetalsgroup.com/

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