REG - AfriTin Mining Ltd - Appointment of CFO

Andrada MiningAnnouncement

21/07/2022 07:00

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RNS Number : 2069T  AfriTin Mining Ltd  21 July 2022

21 July 2022

 

AfriTin Mining Limited

("AfriTin" or the "Company")

 

 Appointment of CFO

 

AfriTin Mining Limited (AIM: ATM), an African technology metals mining company
with a portfolio of mining and exploration assets in Namibia, is pleased to
announce the appointment of Mr. Hiten Ooka, as the new Chief Financial Officer
("CFO") of the Company.  This is a non-board appointment.

 

Hiten, a qualified Chartered Accountant (South Africa), joins the Company from
Bushveld Minerals, where he was Group Head of Finance. Prior to this, he has
spent the past 12 years holding senior management roles at Rand Uranium,
Trafigura and Eurasian Resource Group. His operational experience having
worked for multinational organisations, coupled with his technical finance and
tax experience, will further strengthen AfriTin's Executive Team.

 

Furthermore, the Company confirms Mr Robert Sewell has stepped down as CFO of
the Company to pursue other opportunities. He will, however, remain as a
consultant to the Company in the short-term to ensure a smooth transition
process.

 

Anthony Viljoen (CEO) commented: "I am excited to welcome Hiten to the team.
We look forward to his contributions to the Company as it continues its
progress into becoming what we believe will become one of the largest tech,
and green energy, metals mining companies. Hiten brings an impressive
operational and technical track record to AfriTin at this important juncture
for the Company. His experience will be vital as the Company expands its
strategic resources, to bringing its lithium and tantalum streams into
production and complementing the already successful tin operations.

 

The Company thanks Robert for his contributions and wishes him every success
in his future endeavours."

Image: Hiten Ooka

 

 AfriTin Mining Limited                   +27 (11) 268 6555
 Anthony Viljoen, CEO
 Nominated Adviser                        +44 (0) 207 220 1666
 WH Ireland Limited

 Katy Mitchell
 Corporate Advisor and Joint Broker
 H&P Advisory Limited                     +44 (0) 20 7907 8500

 Andrew Chubb

 Jay Ashfield

 Nilesh Patel
 Stifel Nicolaus Europe Limited           +44 (0) 20 7710 7600

 Ashton Clanfield

 Callum Stewart
 Tavistock Financial PR (United Kingdom)  +44 (0) 207 920 3150
 Emily Moss

 Cath Drummond

 

 

About AfriTin Mining Limited

Notes to Editors

AfriTin Mining Limited is a London-listed technology metals mining company
with a vision to create a portfolio of globally significant, conflict-free,
producing and exploration assets. The Company's flagship asset is the Uis Tin
Mine in Namibia, formerly the world's largest hard-rock open cast tin mine.

 

AfriTin is managed by an experienced board of directors and management team
with a current strategy to ramp-up production at the Uis Tin Mine in Namibia
to more than 10,000 tonnes of tin concentrate and 350,000 tonnes of lithium
concentrate in a Phase 2 expansion, having reached Phase 1 commercial
production in 2020. The Company strives to capitalise on the solid
supply/demand fundamentals of tin and lithium by developing a critical mass of
resource inventory, achieving production in the near term and further scaling
production by consolidating assets in Africa.

 

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