REG - Great Southrn.Copper - Appointment of CFO

Great Southern CopperAnnouncement

13/07/2023 07:15

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RNS Number : 8555F  Great Southern Copper PLC  13 July 2023

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VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH
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INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

13 July 2023

 

Great Southern Copper plc

("GSC" or the "Company")

 

Appointment of CFO

 

Great Southern Copper plc (LSE: GSCU), the company focused on copper-gold
exploration in Chile, is pleased to announce the appointment of Martin Page as
Chief Financial Officer ("CFO") and as a member of the Board, effective from 1
August. Paul Williams will be retiring from his position as CFO on 1 August.

 

Mr Page, (46), is an experienced CFO, predominantly in the natural resources
sector, with exposure to all elements of the value cycle including exploration
and operating assets. He has extensive experience of capital and debt markets,
statutory and management reporting requirements and detailed tax and treasury
planning.

 

Mr Page joins having previously been CFO at Trident Royalties plc, an AIM
quoted junior mining royalty company, where he presided over an increase in
the company's market cap from c.$40 million to c.$200m. In this role, Mr Page
was responsible for oversight and management of the Group's finances,
negotiation of debt financing and the deployment of over US$100m in capital
across several large deals. Prior to that he held the position of CFO at Toro
Gold, a group that owned and operated the Mako Gold mine in Senegal, which was
sold to Resolute Mining for in excess of US$300m in 2019.

 

Charles Bond, Chairman of Great Southern Copper, said: "We are thrilled to
welcome Martin as our new CFO. Martin brings with him more than a decade of
experience in finance within the natural resources sector. We look forward to
him leveraging his extensive expertise within capital markets and corporate
finance at this very exciting time for the Company. I would also like to thank
Paul for all of his excellent work for the Company and we wish him the best in
his retirement."

 

Martin Page, incoming CFO of Great Southern Copper, said: "I am delighted to
be joining Great Southern Copper and excited to help progress their very
promising early-stage exploration assets in Chile. The importance of
developing new copper supplies to help facilitate the net-zero transition is
becoming increasingly clear and I am happy to be a part of the Company as we
look to help bridge this widening supply gap and generate sustained value for
shareholders."

 

There is no further information required to be disclosed in relation to Mr.
Page pursuant to Listing Rule 9.6.13.

 

Enquiries:

 

 Great Southern Copper plc
 Sam Garrett, Chief Executive Officer      +44 20 4582 3500

 SI Capital Limited
 Nick Emerson                              +44 (0)14 8341 3500

 Gracechurch Group
 Harry Chathli, Alexis Gore, Henry Gamble  +44 (0)20 4582 3500

 

Notes for Editors:

 

About Great Southern Copper

 

Great Southern Copper is a mineral exploration company focused on copper-gold
deposits in Chile. The Company has the option to acquire rights to 100% of two
projects that are prospective for large scale copper-gold deposits in the
underexplored coastal belt of Chile, a globally significant mining
jurisdiction and the world's largest copper producer.

 

The two projects comprise the San Lorenzo Project, northeast of the coastal
town of La Serena in northern Chile, and the Especularita Project located
approximately 170km to the south of the San Lorenzo project. The two
early-stage Cu-Au exploration projects are within the same coastal
metallogenic belt as other major deposits including Teck's Andacollo copper
and gold mine. Significant historical small-scale and artisanal workings for
both copper and gold are readily evident in both exploration project areas.

 

Great Southern Copper is strategically positioned to support the global market
for copper, a key metal in the clean energy transition around the world. The
Company is actively engaged in a two-year exploration and evaluation work
programme targeting principally large tonnage, low to medium grade porphyry
style Cu-Au deposits.

 

Further information on the Company is available on the Company's website:
https://gscplc.com (https://gscplc.com)

 

 

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