Reveille Resources Plc (AQSE: REV; OTCID: RVREF) has announced the proposed appointment of former UK Deputy Prime Minister and Foreign Secretary Dominic Raab as an Independent Non-Executive Director, further strengthening its international leadership as it advances uranium exploration projects in Italy and pursues expansion opportunities in Western-aligned jurisdictions.
The appointment remains subject to regulatory due diligence and the completion of customary onboarding requirements, including documentation required by Reveille and its Aquis Corporate Adviser, Allenby Capital Limited.
Raab would join a Board chaired by former US Secretary of State and CIA Director Mike Pompeo, bringing together two former senior government officials who previously worked alongside one another on international security and transatlantic relations.
The proposed appointment represents another step in Reveille’s strategy to develop a uranium exploration and development business focused on energy security, critical minerals and the resilience of Western nuclear-fuel supply chains.
Dominic Raab served as Deputy Prime Minister between 2021 and 2023, under Prime Ministers Boris Johnson and Rishi Sunak, and previously held the position of Foreign Secretary from 2019 to 2021.
He also served as Lord Chancellor and Secretary of State for Justice and represented Esher and Walton in Parliament between 2010 and 2024.
Before entering politics, Raab qualified as a solicitor with international law firm Linklaters, specialising in areas including project finance, international litigation and competition law.
He subsequently worked at the Foreign and Commonwealth Office, advising on international law, investment protection and national security.
Raab currently serves as Head of Global Affairs at Appian Capital Advisory, an international investment adviser specialising in metals and mining, where his responsibilities include geopolitical advice and engagement with governments, institutions and investors.
He is also a Distinguished Fellow of the Royal United Services Institute, focusing on strategic minerals and global security, and serves as Special Envoy for the World Gold Council on artisanal and small-scale gold mining.
His proposed role at Reveille will focus on corporate governance, strategic oversight, international engagement and potential funding opportunities, alongside supporting the company’s assessment of uranium assets and corporate development opportunities.
Reveille believes Raab’s experience across government, diplomacy and the mining investment sector could support relationships with institutional investors, strategic partners and policymakers.
The appointment would initially run for three years, subject to applicable corporate governance requirements and shareholder re-election where necessary.
Under the proposed remuneration arrangements, Raab has agreed to receive 50% of his annual remuneration in equity, with the share-based element accruing quarterly.
The value of that equity will be calculated using the average mid-market closing share price over the ten trading days preceding each quarter-end.
The company has not disclosed the total annual remuneration associated with the appointment.
Raab and Pompeo previously worked together during their respective tenures as UK Foreign Secretary and US Secretary of State, holding bilateral meetings in London and Washington between 2019 and 2020.
Their existing professional relationship is expected to support collaboration on Reveille’s international strategy.
Reveille’s principal assets are the Novazza and Val Vedello uranium projects in northern Italy, which the company describes as the country’s largest historical uranium deposits.
The projects were previously explored during Italy’s national nuclear programme, with substantial historical drilling and underground development providing an extensive technical foundation for renewed evaluation.
Through its Italian subsidiary, Reveille has submitted exploration licence applications for both projects, which remain subject to the relevant environmental and regulatory processes.
The company’s strategy is to advance these historical uranium assets using modern exploration techniques and internationally recognised reporting standards, while identifying additional opportunities in Europe, North America and other Western-aligned jurisdictions.
The proposed Board appointment comes amid increasing attention on uranium supply security and the potential role of nuclear energy in meeting electricity demand and energy independence objectives.
Raab said he was attracted by the strategic importance of uranium and the opportunity to contribute to Reveille’s expansion, highlighting energy security, nuclear-fuel supply chains and the long-term availability of reliable electricity.
He also welcomed the prospect of working again with Pompeo following their previous collaboration in government.
Chairman Mike Pompeo described Raab’s proposed appointment as an important addition to the company’s leadership, citing their shared experience in international diplomacy and strategic security matters.
Pompeo reiterated Reveille’s ambition to advance its Italian uranium projects while building a broader international portfolio of uranium exploration and development assets.
The announcement follows Reveille’s recent expansion into the US investor market, with its shares beginning trading on the OTCID Basic Market under the ticker RVREF, alongside its existing Aquis quotation.
The company has also been strengthening its wider management and advisory network as it seeks to advance exploration and identify potential strategic partnerships.
For Reveille, the proposed appointment would add senior political, diplomatic and mining investment experience to its Board, potentially supporting international engagement and corporate development.
However, the appointment has not yet become effective and does not itself represent new project funding, regulatory approval or progress towards commercial uranium production.
The next milestones will be completion of Raab’s appointment process, progress on the Novazza and Val Vedello exploration licence applications and further development of Reveille’s international uranium strategy.
