REG - Aterian PLC - Appointment of Strategic Advisor

AterianAnnouncement

24/06/2025 07:00

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RNS Number : 0295O  Aterian PLC  24 June 2025

24 June 2025

 

Aterian Plc

("Aterian" or the "Company")

Appointment of Strategic Advisor - M&A and Asset Transactions

Aterian plc (LSE: ATN), the critical metals exploration and development
company advancing a portfolio of African-focused assets, is pleased to
announce the appointment of Mr. Arron Smyth as Strategic Advisor for Asset
Transactions, with immediate effect.

Arron brings over 20 years of business experience and is a seasoned investor,
strategic advisor, and corporate development specialist with a strong focus on
the natural resources and energy sectors. He works with both public and
private companies to originate and structure transactions and guide corporate
and commercial strategy with an emphasis on long-term value creation.

Most recently, Arron led two significant energy infrastructure ventures in
Europe from startup to successful exit, with both projects ultimately acquired
by major investors and operators in the energy sector. His consultancy work
spans joint ventures, commodity supply and off-take arrangements, M&A and
commercial development across the EMEA region and other strategic energy and
resource markets. He has significant experience in managing, developing and
executing international cross-border business operations and transactions.

Arron has previously consulted to Aterian in Rwanda.  In this newly created
role, he will support Aterian's management team in identifying and executing
strategic opportunities, including joint venture partnerships and asset
acquisitions and disposals, as the Company continues to advance its
exploration portfolio and unlock value from its diverse copper and
lithium-focused asset base across Morocco, Botswana and Rwanda.

Charles Bray, Chairman of Aterian, commented:

"We are pleased to announce the appointment of Arron as our Strategic Advisor.
He brings extensive sector expertise and transactional experience, which has
already proven invaluable in helping us secure the recently announced trade
finance facility for our mineral trading operation in Rwanda. His knowledge
will be essential as we continue to explore our portfolio and evaluate various
strategic options to unlock value from our projects. This appointment aligns
with our ongoing strategy to generate the necessary revenues to self-fund our
exploration activities and maximise shareholder returns through partnerships,
targeted asset acquisition and development, and realisations that retain
residual upside potential."

Arron Smyth, added:

"I am delighted to be working with Aterian at this exciting stage in its
growth. The Company holds a compelling portfolio of critical metal projects,
and I look forward to contributing to its strategic initiatives and unlocking
commercial opportunities."

- ENDS -

This announcement contains information which, prior to its disclosure, was
inside information as stipulated under Regulation 11 of the Market Abuse
(Amendment) (EU Exit) Regulations 2019/310 (as amended).

 

Engage with the Aterian PLC management team directly by asking questions,
watching video
summaries and seeing what other shareholders have to say.
Navigate to our interactive investor
hub here:
https://aterianplc.com/s/fcf8eb (https://aterianplc.com/s/fcf8eb)

 

 

For further information, please visit the Company's website:
www.aterianplc.com (http://www.aterianplc.com) or contact:

 

 

 Investor questions on this announcement

 We encourage all investors to share questions   https://aterianplc.com/s/fcf8eb (https://aterianplc.com/s/fcf8eb)

 on this announcement via our investor hub

Aterian Plc:

Charles Bray, Executive Chairman - charles.bray@aterianplc.com
(mailto:charles.bray@aterianplc.com)

Simon Rollason, Director - simon.rollason@aterianplc.com
(mailto:simon.rollason@aterianplc.com)

 

Financial Adviser and Joint Broker:

Novum Securities Limited

David Coffman

Colin Rowbury

Tel: +44 (0)207 399 9400

 

Joint Broker:

SP Angel Corporate Finance LLP

Ewan Leggat / Adam Cowl

Tel: +44 20 3470 0470

 

Financial PR:

Bald Voodoo - ben@baldvoodoo.com (mailto:ben@baldvoodoo.com)

Ben Kilbey

Tel: +44 (0)7811 209 344

 

Subscribe to our news alert service: https://atn-l.investorhub.com/auth/signup
(https://atn-l.investorhub.com/auth/signup)

Notes to Editors:

About Aterian plc

www.aterianplc.com (http://www.aterianplc.com)

 

Aterian plc is an LSE-listed exploration and development company with a
diversified African portfolio of critical metals projects.

Aterian plc is actively seeking to acquire and develop new critical metal
resources to strengthen its existing asset base while supporting ethical and
sustainable supply chains as the world transitions to a sustainable, renewable
future. The supply of these metals is vital for developing the renewable
energy, automotive, and electronic manufacturing sectors, which are
increasingly important in reducing carbon emissions and meeting global climate
ambitions.

 

The Company has entered into a joint venture agreement with Rio Tinto Mining
and Exploration Limited. Rio Tinto will earn into the HCK project in
southern Rwanda, exploring and developing a lithium-tantalum-niobium-tin
mining operation. The Company also holds an exploration licence in Rwanda.
Aterian has a portfolio of multiple copper-silver (+ gold) and base metal
projects in Morocco. Aterian holds a 90% interest in Atlantis Metals, a
private Botswana-registered company holding seven mineral prospecting licences
for copper-silver in the world-renowned Kalahari Copperbelt and three for
lithium brine exploration in the Makgadikgadi Pans region.

 

The Company's strategy is to seek new exploration and production opportunities
across the African continent and to develop new sources of critical mineral
assets for exploration, development, and trading.

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