– UK / KAZAKHSTAN – Kemin Resources plc (AIM: KEM), the tungsten and molybdenum exploration and development company with substantial interests in Kazakhstan, announces the appointment of Neil Herbert to the board as an independent Non-Executive Director with immediate effect.
Neil is a Fellow of the Association of Chartered Certified Accountants and has over 20 years of experience in finance. He has been involved appoints in the management of mining and exploration companies for over 15 years and, until October 2013, was Co-Chairman and Managing Director of AIM quoted Polo Resources Limited (AIM: POL), a natural resources and mine development investment company. Prior to this, he was Financial Director for UraMin Inc., an African focussed uranium exploration company, from 2005-2007 during which period he worked to float the company on AIM and the Toronto Stock Exchange in 2006, raise c.US$400 million in equity financing and negotiate the sale of the group to Areva for US$2.5 billion.
Neil has also held board positions at several other resource companies where he has been involved in managing numerous acquisitions, disposals, stock market listings and fundraisings. Neil holds a Joint Honours Degree in Economics and Economic History from the University of Leicester.
Ashar Qureshi, Non-Executive Director, commented: “We are delighted to welcome Neil as a Non-Executive Director of the Company; his wealth of experience of working with natural resource companies and the public equity markets will be of significant benefit to the Company as it looks to continue its development.”
Neil Herbert, newly appointed Non-Executive Director, commented: “I am very pleased to join the Board of Kemin at this important stage in its development of its tungsten-molybdenum project and look forward to working with the Board and management as we progress to complete the definitive feasibility study and beyond.”
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