REG - Celsius Resources Ld - Board Changes

Celsius ResourcesAnnouncement

23/03/2023 11:45

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RNS Number : 0380U  Celsius Resources Limited  23 March 2023

23 MARCH 2023

 

Board Changes and Appointment of Sustainability Director
Highlights

· Ms. Attilenore Manero appointed as Executive Sustainability Director of
Celsius Resources

· Mr. Julito Sarmiento now Executive Chairman, and Mr. Peter Hume now
Managing Director of Celsius Resources

_______________________________________________________________________________

Celsius Resources Limited ("Celsius" or "the Company") is pleased to announce
that Ms. Attilenore Manero has been appointed as Executive Sustainability
Director of the Board, effective from 23 March 2023. Also effective from this
date, Mr. Julito Sarmiento will move from Non-Executive Chairman to Executive
Chairman (under the same terms of the position held by his predecessor, the
late Martin Buckingham), and Mr. Peter Hume will move from Executive Director
to Managing Director of the Group.

Ms. Manero was previously on the Board of Celsius from 4 February 2021 to 30
September 2021, but has since continued to work as Community Relations Manager
in the Philippines. Her new position will be a more active role in overseeing
Environmental, Social and Governance (ESG) and community elements as well as
various regulatory related approvals for the Company's flagship assets in the
Philippines and thus part of the Senior Management of the Group.

She specialises in social and environmental impacts management, with
substantial practical experience throughout the Philippines, having worked
with major public infrastructure, energy and mining projects involving
indigenous communities for more than 13 years. She has past experience in and
is currently managing a diverse team of local and international experts whilst
carrying out studies leading to the development and implementation of social
and environmental plans and programs, consistent with local statutes and
internationally accepted standards.

Generally, she works closely with technical and engineering teams to ensure
that adverse social and environmental effects are avoided or at least
mitigated, while positive impacts are enhanced which are essential to
obtaining a social license to operate within the Philippines.

Prior to joining the natural resource industry, Ms. Manero has more than 10
years of development work experience with World Bank and EU funded integrated
rural development programs within the Philippines.

These were implemented in collaboration with the national government agencies,
local government units, non-government organisations, as well as private
sectors.

Celsius Chairman Atty. Julito R. Sarmiento said:

 

"We are very pleased to have Ms. Manero become a member of the Celsius Board
as it demonstrates not only the company's commitment to inclusivity and gender
diversity but also in meeting our ESG and sustainability goals. Having
personally worked with her, she has consistently demonstrated her passion and
dedication to the local companies' growth and development, whilst making sure
that sustainable business practices are seriously adhered by the companies. We
are fortunate that she has agreed to share her time and talent to make this
happen not only at the local Philippine subsidiaries level but also that of
the Celsius Group."

 

AIM Disclosures:

 

Attilenore Paz Manero, aged 46, previously Attilenore Manero-Austria, has held
the following directorships and/or partnerships in the past 5 years:

 

Current Directorships:

 

 Name of company          Date of appointment
 Makilala Mining Co. Inc  15/09/2020
 Tambuli Mining Co. Inc.  15/09/2020
 PDEP Mining Co. Inc.     15/09/2020

 

Directorships in previous five (5) years:

 

 Name of company                Date of departure
 Anleck Ltd                     29/01/2021
 Celsius Resources Limited      30/09/2021

 

Attilenore currently owns 21,000,000 ordinary shares in the Company
representing 1.13% of the Company's issued ordinary share capital. She also
holds 21,000,000 additional contingent consideration shares which can be
issued to her upon Celsius Resources securing its MPSA mining license before
4th August 2023.

 

There is no further information on Attilenore Manero required to be disclosed
under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.

 

This announcement has been authorised by the Board of Directors of Celsius
Resources Limited.

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the
European Union (Withdrawal) Act 2018.

 
Celsius Resources Contact Information

Ground Floor, 16 Ord Street

West Perth WA 6005

 

PO Box 902

West Perth WA 6872

 

P: +61 8 9482 0500

E: info@celsiusresources.com.au (mailto:info@celsiusresources.com.au)

W: www.celsiusresources.com (http://www.celsiusresources.com)

 Celsius Resources Limited
 Peter Hume                                   P: +61 8 9482 0500

                                              E: info@celsiusresources.com.au (mailto:info@celsiusresources.com.au)

                                              W: www.celsiusresources.com (http://www.celsiusresources.com)
 Multiplier Media
 Jon Cuthbert                                 M: +61 402 075 707

                                              E: jon.cuthbert@multiplier.com.au (mailto:jon.cuthbert@multiplier.com.au)

 Beaumont Cornish Limited

 (Nominated Adviser)

 Roland Cornish/Felicity Geidt/Andrew Price   +44 (0) 207 628 3396

 

 

  SP Angel Corporate Finance LLP

  (Broker)

 

  Ewan Leggat
 
+44(0) 203 470 0470

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