REG - Nativo Resources Plc - Directorate Change

Nativo ResourcesAnnouncement

28/10/2024 12:00

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RNS Number : 8913J  Nativo Resources Plc  28 October 2024

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

28 October 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, announces that Martin Hull, Non-Executive Director, is
stepping down from the Board to pursue other opportunities and will formally
leave the Company on 31 October 2024. The Board thanks him for his
contribution and wishes him well in his future endeavours.

 

 

For further information please contact:

 Nativo Resources                                   Via Vigo Consulting

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

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

 James Joyce

 James Bavister

 Isaac Hooper

 Peterhouse Capital limited (Joint Broker)          Tel: +44 (0)20 7469 0930

 Duncan Vasey

 Lucy Williams

Rose Greensmith

 Vigo Consulting (Investor Relations)               Tel: +44 (0)20 7390 0234

 Ben Simons                                         nativo@vigoconsulting.com (mailto:nativo@vigoconsulting.com)

 Peter Jacob

Anna Sutton

 

About Nativo Resources 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 processing of gold ore
(own and third party production) 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, 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 by Q4 2024. The Company plans to establish its own
gold ore processing plant and, longer-term, to pursue its low capex strategies
to appraise and exploit tailings deposits to recover gold, and develop the Ana
Lucia Polymetallic concession.

 

 

Follow us on social media:

 

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

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

 

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