REG - Nativo Resources Plc - Directorate Change

Nativo ResourcesAnnouncement

26/09/2024 07:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240926:nRSZ7793Fa&default-theme=true

RNS Number : 7793F  Nativo Resources Plc  26 September 2024

26 September 2024

Nativo Resources plc

("Nativo" or the "Company")

Directorate Change

Nativo Resources plc (LON:NTVO), which has interests in precious metals mining
and production in Peru, is pleased to announce that Andrew Peter Harry Donovan
(aged 56) has been appointed as a Non-Executive Director of the Company with
immediate effect.

Mr Donovan is a Chartered Accountant, who trained at Arthur Andersen, and has
considerable investment banking experience, having worked on numerous
transactions at Schroders, Citi, Lexicon Partners, Evercore Partners, and
Schroders Greencoat over the past 28 years. Mr Donovan currently serves as a
Non-Executive Director on the board of Gresham House Renewable Energy VCT2.

Christian Yates, Chair of Nativo, commented:

 

"I am delighted to welcome Andrew to Nativo, where his extensive financial and
investment banking experience will be an asset to the Board as we build out
the precious metals strategy in Peru. We look forward to working with him."

The following information is disclosed pursuant to Schedule Two paragraph (g)
of the AIM Rules for Companies. Mr Donovan has confirmed that there are no
further disclosures required.

At the time of this announcement Mr Donovan holds no shares the Company.

A list of Mr Donovan's current directorships and partnerships together with
those held within the last five years is set out below:

 Current directorships / partnerships      Past directorships / partnerships within the last five years
 GRESHAM HOUSE RENEWABLE ENERGY VCT 2 PLC  CARN NICHOLAS SOLAR LIMITED
 DONOVAN CAPITAL ADVISORY LIMITED          ISG RENEWABLES LIMITED
 SUNSTONE SOUTH LIMITED                    BICKER FEN SOLAR LIMITED
                                           CAPBAL MALDON LIMITED
                                           CAPBAL (FORFAR) LIMITED
                                           CAPBAL (BRACO) LIMITED
                                           CAPBAL LIMITED
                                           UNIBAL ENERGY LIMITED
                                           MEDEBRIDGE SOLAR LIMITED
                                           EKU ENERGY FAUNE PROJECTS (UK) LIMITED
                                           SPVBAL 010 LIMITED
                                           SPVBAL 011 LIMITED

 

For further information please contact:

 

 Nativo Resources                                           Via Vigo Consulting

 Stephen Birrell, Chief Executive Officer                   nativo@vigoconsulting.com (mailto:nativo@vigoconsulting.com)

 Zeus Capital Limited (Nominated Adviser and Joint Broker)  Tel: +44 (0)20 3829 5000

 James Joyce

 James Bavister

 Isaac Hooper

                                                            Tel: +44 (0)20 7469 0930

 Peterhouse Capital limited (Joint Broker)

 Duncan Vasey

 Lucy Williams

                                                            Tel: +44 (0)20 7390 0234

 Vigo Consulting (Investor Relations)                       nativo@vigoconsulting.com (mailto:nativo@vigoconsulting.com)

 Ben Simons

 Peter Jacob

 

About Nativo Resources plc (formerly Echo Energy plc)

 

Following the partial divestment of its assets in Argentina, Nativo entered
into a 50:50 joint venture in Peru in July 2024 with an experienced local
partner for precious metals (gold/silver) mining and the cleaning of known
tailings deposits containing Measured and Indicated resources of gold and
silver. Through the JV, known as Boku Resources, Nativo has secured an
opportunity to scale operations in Peru producing gold and silver through
primary mining and tailings cleaning, owning 50% of the production and
resources. Initially, Boku is establishing formalised artisanal and small
mining operations on its 100% held Tesoro Gold concession, southern Peru,
targeting early cash flow generation in Q4 2024.

 

Follow us on social media:

 

LinkedIn: https://www.linkedin.com/company/nativoresources-plc
(https://www.linkedin.com/company/nativoresources-plc)

X (Twitter): https://x.com/nativoresources (https://x.com/nativoresources)

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAPPUAWBUPCUQQ