ECR Minerals plc (LON: ECR), the gold exploration and development company focused on Australia, is pleased to announce the appointment of Andrew Haythorpe as CEO of the Company.
Andrew will join ECR as a non-board CEO prior to assuming the role of executive director, subject to approval, in six months’ time.
Andrew has more than 30 years of experience managing listed gold miners and explorers on the ASX and TSX as well as working as a mining analyst and actively exploring for gold as a geologist.
He has significant experience as a board member on numerous listed mining companies including as Managing Director of Crescent Gold Limited. The TSX and ASX-listed company started with a market capitalisation of $8 million and, under his leadership, reached $250 million within four years. He was also Managing Director of top performing ASX-listed gold producer Michelago Resources.
As an analyst, Andrew was considered a global leader in the Industrial Minerals sector and rated 12th best gold analyst at Hartley Poynton Ltd.
Andrew is currently the Managing Director of GoldOz Limited, a gold company seeking to relist on the ASX. A full list of his current directorships/partnerships together with those held within the last five years is set out below.
David Tang, Chairman commented: “I am delighted ECR has attracted a CEO of Andrew’s calibre. With more than 30 years of experience as a managing director and chairman of junior and mid-tier gold explorers and producers, he’ll be an exceptional addition to our team. Andrew built Crescent Gold from an $8 million explorer into a $250 million gold producer. He clearly sees the potential within the ECR portfolio.’
Adam Jones, Non-Executive Director commented: ‘I’m thrilled to welcome Andrew, a fellow geologist, to ECR. Being based initially in Australia he’ll be working closely with me and the field team in Victoria and Queensland, to ensure the exciting developments we are working on are progressed as quickly as possible. We look forward to providing more updates in due course.”
The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:
Andrew John Haythorpe (aged 57) has three past directorships or partnerships in the past five years being Accelerate Resources Limited; Petratherm Limited and XS Resources PTY LTD.
He also has thirteen current directorships being, Gold Oz Limited; Allup Silica Limited; Stunalara Metals Limited; Stunalara (Operations) PTY LTD; Tempest Minerals Limited; Thort PTY LTD; Warrigal Mining PTY LTD; Magmetal Tech PTY LTD; Witchimag PTY LTD; Eveos PTY LTD; Mustang Incentive PTY LTD; Tesha PTY LTD and Ouro PTY LTD.
There is no further information regarding Mr Haythorpe required to be disclosed pursuant to AIM Rule 17 and Schedule Two (g) of the AIM Rules for Companies and Mr Haythorpe holds no shares or options in the Company.
MARKET ABUSE REGULATIONS (EU) No. 596/2014
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR). Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information is now considered to be in the public domain.
FOR FURTHER INFORMATION, PLEASE CONTACT:
ECR Minerals plc
Tel: +44 (0) 20 7929 1010
David Tang, Non-Executive Chairman
Email: [email protected]
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