REG - Landore Resources Ld - Board Appointment

Landore ResourcesAnnouncement

21/07/2023 12:30

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RNS Number : 8332G  Landore Resources Limited  21 July 2023

LANDORE RESOURCES LIMITED

(AIM Ticker: LND.L)

 

BOARD APPOINTMENT

 

London, United Kingdom - 21 July 2023 - Landore Resources Limited (AIM: LND)
("Landore Resources" or the "Company") announces that, further to its
announcement of 29 June 2023, Mr Claude Lemasson, Chief Executive Officer
("CEO") of Landore Resources, has been appointed to its Board with immediate
effect having previously joined the Company's management team on 4 July 2023.

 

Claude (P.Eng, MBA, ICD.D) , based in Toronto, Canada, is a highly
credentialled individual, with over 30 years' experience in exploration,
development, mine construction and producing mining operations throughout the
Americas. He also brings board experience, having previously served as a
director of several junior publicly listed mining companies.

 

Glenn Featherby, Finance Director of Landore Resources, today commented:

 

"We are delighted to welcome Claude to the Board and look forward to
continuing to work closely with him as CEO to secure our planned dual listing
on the TSX Venture Exchange, grow the Company and refine our strategic plans
to unlock the full potential within the group's existing attractive asset
portfolio with a particular focus on our flagship BAM Gold Project."

 

 

AIM Rules for Companies: Schedule Two Paragraph (g) Disclosures

 

As required pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM
Rules for Companies, the Company confirms that Claude Francois Lemasson, aged
58, is, save for Landore Resources, currently a director/partner, or has been
a director/partner in the past five years, of the following
companies/partnerships:

 

 Current Directorships/Partnerships  Past Directorships/Partnerships

                                     (held in the last five years)
 None                                Eastmain Resources Inc.

                                     Premier Gold Mines Limited

 

Pursuant to him joining the Company, Mr Lemasson currently holds options over
2,000,000 ordinary shares at an exercise price of 8.75 pence each, exercisable
for a period of four years from 4 July 2024 subject to certain vesting
conditions.

 

There is no further information to be disclosed pursuant to Schedule Two
Paragraph (g) of the AIM Rules for Companies.

 

- ENDS -

 

For further information, please contact:

 Landore Resources Limited
 Glenn Featherby, Finance Director                               Tel: 07730 420318
 Strand Hanson Limited (Nominated Adviser and Joint Broker)
 James Dance/Matthew Chandler/Robert                             Tel: 020 74093494
 Collins

 Novum Securities Limited (Joint Broker)
 Jon Belliss/Colin Rowbury                                       Tel: 020 73999402

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of
the European Union (Withdrawal) Act 2018, as amended by virtue of the Market
Abuse (Amendment) (EU Exit) Regulations 2019.

 

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