REG - Horizonte Minerals - Appointment of Non-Executive Directors

Horizonte MineralsAnnouncement

24/03/2022 07:00

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RNS Number : 8067F  Horizonte Minerals PLC  24 March 2022

NEWS RELEASE

24 March 2022

 

Horizonte Minerals Plc

("Horizonte" or the "Company")

 

Appointment of Non-Executive Directors

 

Horizonte Minerals Plc, (AIM: HZM, TSX: HZM) the nickel company focused on
Brazil is pleased to announce the appointment to the Board of Gillian Davidson
as independent non-executive director and Vincent Benoit as non-executive
director with immediate effect.

 

Gillian Davidson

Gillian Davidson, an industry leader in sustainability, has over 25 years of
experience in the extractives and natural resources sectors. She is an
independent sustainability advisor and currently serves as a non-executive
director on the boards of AIM quoted Central Asia Metals plc and TSX listed
Lundin Gold and New Gold Inc.  Gillian Davidson is a founding member and
Chair of the Global Battery Alliance, an initiative created to drive a
sustainable battery value chain. Gillian Davidson is also Chair of
International Women in Mining.

 

Gillian Davidson was, until 2017, Head of Mining & Metals at the World
Economic Forum, leading global and regional initiatives for responsible and
sustainable development. Prior to this, she was Director of Social
Responsibility at Teck Resources Limited.

 

She holds a MA (Hons) in Geography from the University of Glasgow, a PhD in
Development Economics and Economic Geography from the University of Liverpool
and is an alumnus of the Governor General of Canada's Leadership Conference.

 

Vincent Benoit

Vincent Benoit has over 30 years of corporate finance, business development
and M&A experience in the mining, telecom, and energy sectors. Vincent
identified the opportunity to buy La Mancha and joined the company as Head of
Strategy & Business Development in 2012, before leading La Mancha's
portfolio restructuring and contributing to the enhancement of its mines
performance in Australia and Africa then identifying and executing the
combinations with Evolution and Endeavour, which positioned La Mancha as a
leading private investor in the gold mining sector. From 2016 to 2019, Vincent
was CFO and EVP Corporate Development at Endeavour where he reshaped the
strategy, improved the mine portfolio quality, and enhanced the balance sheet
to fund the organic growth. Endeavour's market capitalization was quadrupled
by the time he left at the end of 2019. In early 2020, he re-joined La Mancha
to oversee investments and fund raising.

 

Previously, Vincent was at Orange (2006-2012) where he served as EVP M&A.
He led the development of the group's footprint in Africa and Europe and
formed strategic partnerships with key European telecoms players. Prior to
this, Vincent held various finance positions including with Orano (ex-Areva),
Bull Information Systems and PwC. Vincent holds a MSc from Kedge Business
School and is a Chartered Accountant.

 

Horizonte CEO, Jeremy Martin commented: "We are delighted to welcome two
industry leaders to the Board of Horizonte. Gillian and Vincent both bring new
expertise to the Horizonte senior team, particularly in the areas of
sustainability, corporate finance and project oversight. Their experience will
be invaluable in helping the Company achieve its objective of becoming the
next major, low-cost, sustainable nickel producer, through the development of
Araguaia and Vermelho.

 

The appointment of Gillian and Vincent is the first phase of the Board's
evolution to better reflect our new shareholder register and the skillset
required to successfully deliver two tier one nickel projects through to
production."

 

Regulatory

 

The following information is disclosed in accordance with Rule 17 and
paragraph (g) of Schedule 2 of the AIM Rules for Companies:

 

 Full name and age:                           Dr Gillian Davidson (aged 50)
 Current directorships:                       Cobalt Institute
                                              Global Battery Alliance
                                              International Women in Mining C.I.C.
                                              Lundin Gold Inc.
                                              New Gold Inc.
                                              Wild Mountain Consulting Limited
 Former Directorships (previous five years):  Lydian International Limited

 

 Full name and age:                           Mr Vincent Marie Michel Touzery-Benoit (aged 54)
 Current directorships:                       La Mancha Capital Advisory Limited Liability Partnership
                                              La Mancha Services UK Ltd
                                              SC Amaré
                                              SCI A.B. Gestion
 Former Directorships (previous five years):  Dailymotion SA
                                              Euronews SA
                                              Evolution Mining Limited
                                              Générale de Téléphone SA
                                              Innovacom Gestion SAS
                                              Orange Business Services Participations SA
                                              Orange Capital Investment SA
                                              Orange Capital SA
                                              Societé des mines d'Ity
                                              Transatel SA

 

Gillian Davidson and Vincent Benoit do not hold any ordinary shares nor
options over ordinary shares in the Company. Vincent Benoit is a Partner and
Chief Investment Officer of La Mancha Capital Advisory LLP, which holds
759,128,764 shares in the Company.

There is no further information which is required to be disclosed under
Schedule Two, paragraph (g) of the AIM Rules for Companies in respect of
Gillian Davidson and Vincent Marie Michel Touzery-Benoit.

 

For further information, visit www.horizonteminerals.com
(http://www.horizonteminerals.com) or contact:

 

 Horizonte Minerals plc                  info@horizonteminerals.com (mailto:info@horizonteminerals.com)

 Jeremy Martin (CEO)                     +44 (0) 203 356 2901

 Anna Legge (Corporate Communications)

 Peel Hunt (NOMAD & Joint Broker)        +44 (0)20 7418 8900

 Ross Allister

 David McKeown

 BMO (Joint Broker)                      +44 (0) 20 7236 1010

 Thomas Rider

 Pascal Lussier Duquette

 Andrew Cameron

 

About Horizonte Minerals:

Horizonte Minerals plc (AIM & TSX: HZM) is developing two 100% owned, tier
one projects in Parà state, Brazil - the Araguaia Nickel Project and the
Vermelho Nickel-Cobalt Project. Both projects are large scale, high-grade,
low-cost, low-carbon and scalable. Araguaia is fully funded and in
construction. The project will produce 29,000 tonnes of nickel per year to
supply the stainless steel market. Vermelho is at feasibility study stage and
will produce 25,000 tonnes of nickel and 1,250 tonnes of cobalt to supply the
EV battery market.  Horizonte's combined near-term production profile of over
50,000 tonnes of nickel per year positions the Company as a globally
significant nickel producer. Horizonte is developing a new nickel district in
Brazil that will benefit from established infrastructure, including
hydroelectric power available in the Carajás Mining District.

 

 

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