REG - First Tin PLC - Board Changes

First TinAnnouncement

06/09/2023 07:00

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RNS Number : 4743L  First Tin PLC  06 September 2023

 

 

 

 

 

 

6 September 2023

First Tin Plc

("First Tin" or "the Company")

Board Changes

First Tin PLC, a tin development company with advanced, low capex projects in
Germany and Australia, is pleased to announce the appointment of Ross Ainger
to its Board as a Non-Executive Director with immediate effect. He will
replace Seamus Cornelius, who is stepping down from the Board with immediate
effect to pursue other opportunities. Ross will act as Chairman of the ESG
Committee and as a member of the Audit/Risk and Remuneration/Nominations
Committees.

Ross, who has been Company Secretary since March 2022, has worked as an
independent corporate consultant since January 2020, advising public, private
and FCA Authorised and Regulated firms on a variety of different mandates.
He previously worked at Arlington Group Asset Management Limited, a
commodities focused investment management, corporate finance and advisory
business; Merrill Lynch Investment Managers; Deutsche Bank and Reuters. In
addition he has been a non-executive director of a London Stock Exchange
listed acquisition company, an FCA regulated corporate finance firm, a
Guernsey domiciled commodities fund and a commercial property investment
vehicle. Ross will continue as Company Secretary in addition to his new role
as Non-Executive Director.

First Tin CEO Thomas Buenger said: "We are delighted to welcome Ross to the
Board as a Non-Executive Director. With his existing extensive knowledge of
the business, I have no doubt he will be of great value to the Board going
forward and we look forward to his ongoing contribution to First Tin.

"On behalf of my colleagues, I would also like to thank Seamus for his
contribution to First Tin as a Non-Executive Director since our IPO in April
2022."

 

Enquiries:

 

 First Tin                                                                      Via SEC Newgate below
 Thomas Buenger - Chief Executive Officer
 Arlington Group Asset Management Limited (Financial Advisor and Joint Broker)

 Simon Catt                                                                     020 7389 5016

 WH Ireland Limited (Joint Broker)
 Harry Ansell                                                                   020 7220 1670

 SEC Newgate (Financial Communications)
 Elisabeth Cowell / Molly Gretton                                               FirstTin@secnewgate.co.uk

 

Notes to Editors

First Tin is an ethical, reliable, and sustainable tin production company led
by a team of renowned tin specialists. The Company is focused on becoming a
tin supplier in conflict-free, low political risk jurisdictions through the
rapid development of high value, low capex tin assets in Germany and
Australia.

Tin is a critical metal, vital in any plan to decarbonise and electrify the
world, yet Europe has very little supply. Rising demand, together with
shortages, is expected to lead tin to experience sustained deficit markets for
the foreseeable future. Its assets have been de-risked significantly, with
extensive work undertaken to date.

First Tin's goal is to use best-in-class environmental standards to bring two
tin mines into production in three years, providing provenance of supply to
support the current global clean energy and technological revolutions.

 

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