REG - Arc Minerals Limited - Board Appointment

ARC MineralsAnnouncement

05/02/2019 10:30

RNS Number : 1252P
Arc Minerals Limited
05 February 2019
 


05 February 2019
Arc Minerals Ltd 
('Arc Minerals' or the 'Company')
Board Appointment
 
Arc Minerals is pleased to announce the appointment of Mr Mumena Mushinge as a non-executive director to its board of directors with immediate effect.  Mr Mushinge is the founder of Zamsort Limited ("Zamsort") and has worked throughout his career in the mining industry in Zambia.  He has been involved in a number of significant projects with local and international mining groups.
 Nick von Schirnding, Executive Chairman of Arc Minerals commented:
"I am pleased to welcome Mumena to the board of Arc Minerals.  Mumena brings a wealth of experience in respect of mining projects and operating in Zambia.  The appointment also balances the composition of the board given our significant exposure to Zambia."



Mumena Mushinge commented:
"I am delighted to be joining the board of Arc Minerals and look forward to working with the board in executing on our exciting strategy."
As at the day of this announcement, Mushinge Mumena holds a beneficial interest in 73,937,495 ordinary shares in Arc Minerals, representing approximately 11.69% of the Company's issued share capital. 
Mushinge Mumena, aged 51, currently holds or has held the following directorships and partnerships in the last five years:



Current Directorships


Past Directorships




Alliance Resource Limited


Banon Limited




Broken Hill Minerals








Cupriferous Resources Ltd








Luapuka Hydro Power Corporation Ltd








Terra Metals Ltd








Zaco Investments LLC








Zaco Investments Ltd








Zamsort Ltd







 
Other than as provided in this announcement, no other disclosures in relation to Mr Mumena are required under Rule 17 and schedule 2 (g) of the AIM Rules for Companies.
Contacts



Arc Minerals Ltd
Nick von Schirnding (Chairman)
 


+44 (0) 20 3874 8664




SP Angel (Nominated Adviser & Broker)
Ewan Leggat / Lindsay Mair / Soltan Tagiev


+44 (0) 20 3470 0470
 
 



 
 




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