REG - Alien Metals Limited - Management Changes

Alien MetalsAnnouncement

27/12/2023 07:00

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RNS Number : 8478X  Alien Metals Limited  27 December 2023

 

 

Trading Symbols

AIM: UFO

FWB: I3A1

27 December 2023
 

 

Alien Metals Ltd

("Alien" or "the Company")

 

Management Changes

 

Alien Metals Ltd (AIM: UFO), a global minerals exploration and development
company advises that Mr Troy Whittaker, Chief Executive Officer, of Alien
Metals Limited, will resign with effect from 31 December 2023.

Mr Alwyn Vorster, Non-Executive Chairman, and Mr Guy Robertson, Executive
Director, will provide the necessary support as the Company finalises details
of the new management team, which is expected to be appointed shortly.

The Company expects to make an announcement in the coming week about the new
executive management team, who are expected to commence in early January 2024.

The Board would like to thank Troy for the positive progress the Company made
during 2023, culminating in the finalisation of the Mining Agreement for the
Hancock Iron Ore Project. The Board intends to keep accelerating exploration
and development of the Hancock Iron Ore Project, and Pinderi Hills base metals
Project in 2024.

For further information please visit the Company's website
at www.alienmetals.uk, or contact:

 

Beaumont Cornish Limited (Nomad)

James Biddle / Roland Cornish   Tel: +44 (0) 207 628 3396

 

WH Ireland Ltd (Joint Broker)

Harry Ansell / Katy Mitchell   Tel +44 (0) 207 220 1666

 

Yellow Jersey (Financial PR)

Charles Goodwin / Shivantha Thambirajah / Soraya Jackson   Tel: +44 (0) 20
3004 9512

 

Notes to Editors:

Alien Metals Ltd is a mining exploration and development Company listed on the
AIM market of the London Stock Exchange (LSE: UFO). The Company's focus is on
delivering a profitable, long life direct shipping iron ore operation based
out of the Pilbara in Western Australia. In 2019, the Company acquired 51% of
the Brockman and Hancock Ranges high-grade (Direct Shipping Ore) iron ore
projects and in December 2022 moved to 90% legal and beneficial ownership. The
Company also acquired 100% of the Vivash Gorge Iron Ore project in the west
Pilbara in July 2022.

The Company acquired 100% of the Elizabeth Hill Silver Project, which consists
of the Elizabeth Hill Historic Mining Lease and the 115km(2) exploration
tenement around the mine.

In March 2022 the Company acquired 100% of the former joint venture interest
in the Munni Munni Platinum Group Metals and Gold Project in the West Pilbara,
Western Australia, one of Australia's major underexplored PGE and base metals
projects. Munni Munni holds a historic deposit containing 2.2Moz 4E PGM:
Palladium, Platinum, Gold, Rhodium.

In May 2023, the Company acquired 100% of Mallina Exploration Pty Ltd and with
it, the Western Hancock Tenement. The new tenement adjoins the Company's
existing Hancock tenement, giving the entire Hancock project direct access to
the Great Northern Highway.

The Company also holds silver, copper and base metal projects in various
locations around the world however is currently looking at the best way to
divest these for the benefit of shareholders.

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