– UK, London – Pathfinder Minerals Plc is pleased to announce the appointment of Henry Bellingham MP as non-executive chairman with immediate effect.
Mr Bellingham was, between May 2010 and September 2012, Under Secretary of State at the Foreign and Commonwealth Office with ministerial responsibility for Africa, the United Nations, Overseas Territories, economic issues, conflict resolution and climate change.
Mr Bellingham first entered Parliament in 1983 as the member for North West Norfolk, which seat he held until 1997. He regained the seat in 2001 and continues to hold it today following re-election in 2005 and in 2010. In opposition, Mr Bellingham served successively as a Shadow Minister for Small Business and Enterprise, Opposition Whip and Shadow Minister for Legal Services.
Mr Bellingham is the chairman of the Westminster Foundation for Democracy, the UK’s leading democracy-building foundation which promotes parliament-to-parliament links and capacity-building in emerging democracies. Mr Bellingham is also co-chair of the 2015 Global Law Summit, which is aimed at celebrating 800 years of the Magna Carta, and promoting UK legal services.
Prior to entering Parliament, Mr Bellingham practised as a barrister. He has previous experience of non-executive directorate responsibilities on the boards of AIM companies, including White Knight Investments PLC which in due course became Pan African Resources PLC.
John McKeon, who transitions into the role of non-executive vice chairman with immediate effect, said: “It is a privilege for Pathfinder to appoint Henry Bellingham as chairman. Henry’s interest in developing business opportunities for British companies in Africa and his deep knowledge of the region make him ideally suited to helping steer Pathfinder through this challenging period towards recovering control of its assets in Mozambique.”
Henry Bellingham MP, added: “As the former Minister for Africa, I am acutely aware of Mozambique’s will to work with international companies to develop responsibly the vast natural resource capacity of the country. I share my fellow directors’ aim to restore control to Pathfinder of the heavy mineral sand deposits in Zambezia Province acquired by Pathfinder in 2011; and to develop them for the benefit of Mozambique and of Pathfinder’s shareholders.”
About Pathfinder Minerals
Pathfinder Minerals Plc is incorporated in England & Wales and is admitted to trading on the AIM market of the London Stock Exchange.
Companhia Mineira de Naburi S.A.R.L. (“CMDN”), a subsidiary of Pathfinder Minerals, was issued mining concession licences 760C and 4623C on 13 September 2004 and 13 July 2011 respectively, each for a period of twenty-five years. Taken together, these mining concessions cover approximately 32,000 hectares of land on the Indian Ocean coast of the Zambezia province of Mozambique, known to contain the heavy minerals, ilmenite, rutile and zircon
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