REG - Ajax Resources PLC - Appointment of Consultant Geologist

Ajax ResourcesAnnouncement

25/01/2023 11:45

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RNS Number : 8498N  Ajax Resources PLC  25 January 2023

25 January 2023

AJAX RESOURCES PLC

("Ajax" or the "Company")

Appointment of Consultant Geologist

Ajax [LSE: AJAX], the UK listed special purpose acquisition company with a
focus on natural resources, is pleased to announce the appointment of Eric
Sondergaard to the position of consultant geologist to assist the Company in
the identification of highly prospective natural resource production and
development opportunities, specifically within the mining sector.

Mr. Sondergaard is a registered Professional Geoscientist (P.Geo) and a
graduate of the University of Calgary in Canada with over fifteen years of
operational experience in challenging and remote locations. Notably, he
managed the exploration team that uncovered a super-giant rare earth deposit
in Greenland. Eric has a broad spectrum of operational experience ranging from
exploration, optimization, exploitation and project management, to leading
contract and joint venture negotiations.

Most recently, he served as Executive Director and Chief Operating Officer at
an AIM-quoted mining company, which has joint ventures with KoBold Metals and
Rio Tinto Exploration, focused on developing a portfolio of critical metals
projects in Greenland and Finland.

Ippolito Cattaneo, Chief Executive Officer of Ajax, commented:

"I am delighted to welcome Eric to the team. Alongside Ajax's Chairman,
Michael Hutchinson, we have extensive experience in production and exploration
activities, as well as deal-making and commodity trading, to enable the
Company to become a full-cycle energy business.

Eric will provide a valuable contribution as we implement our strategy of
identifying opportunities to acquire, develop and monetise an asset with
significant development potential across various geographies, including
Greenland among other secure jurisdictions, with a particular focus on the
green energy sector.

We look forward to updating shareholders on our progress in reviewing
acquisition opportunities in the near future."

-  ENDS -

Further Information:

 Ajax Resources Plc                           Tel: + 44 (0) 208 146 6345

 Ippolito Cattaneo, Chief Executive Officer   info@ajaxresources.com
 Clear Capital Markets (Corporate Broker)     Tel:  +44 (0)20 3869 6080

 Jonathan Critchley/ Keith Swann              keithswann@clear-cm.co.uk; jonathancritchley@clear-cm.co.uk
 Allenby Capital Limited (Financial Adviser)  Tel:  + 44 (0) 203 328 5656

 Nick Harriss                                 n.harriss@allenbycapital.com

 

 

Notes to Editors:

Ajax Resources Plc is a Special Purpose Acquisition Company (SPAC) listed on
the FCA Official List and admitted to trading on the Main Market for listed
securities of the London Stock Exchange under the ticker "AJAX".

 

 

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