REG - Neo Energy Metals - Appointment of New CFO and Finance Director

Neo Energy MetalsAnnouncement

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RNS Number : 4356K  Neo Energy Metals PLC  05 December 2025

 

Neo Energy Metals plc / LSE: NEO, A2X: NEO / Market: Main Market of the London
Stock Exchange

 

 

5 December 2025

 

Neo Energy Metals plc ("Neo Energy" or "the Company")

Appointment of New South African-based Chief Financial Officer and Finance
Director to the Board

Neo Energy, the near term, low-cost uranium developer, is pleased to announce
the appointment of Mr De Wet Schutte as its new Chief Financial Officer
("CFO") and as an Executive Director of the Board, effective immediately.

Mr Schutte, who is based in South Africa, is a seasoned executive in the
mining and finance industries with more than 30 years of local and
international experience.  His expertise focuses on finance, governance and
mergers and acquisitions. He is a Chartered Accountant, registered with the
South African Institute of Chartered Accountants and is a Top Executive
Programme graduate of the Darden School of Business, University of Virginia,
in the United States of America.

Mr Schutte has held senior executive positions throughout Africa, including as
CFO and an executive of various listed and unlisted companies involved in
gold, coal, iron ore, platinum group metals and uranium mining. He has played
a key role in numerous restructuring and corporate initiatives, successfully
delivering turnarounds of underperforming assets.

His most recent roles include serving as CFO of Meridian Africa, where he
focused on the corporate funding of businesses in Africa. He has previously
been appointed as Executive - New Business for Harmony Gold and as Chief
Investment Officer for Pamodzi Resources Fund, where he gained significant
experience in, and knowledge of, the uranium and gold mining industry. He has
also served as CFO of multiple listed companies in South Africa, the United
Kingdom and Canada.

As part of his role in the Company, Mr Schutte will work together with the CEO
in building a diverse and experienced team to advance the Beisa Uranium
Project through to production in accordance with the Company's strategy of
establishing itself as the largest uranium miner and developer in Africa, as
well as advancing the Company Projects in the Northern Cape Province.

Theo Botoulas, the Chief Executive Officer of the Company commented,

"De Wet, a team player and experienced professional in the mining and metals
space, is a significant addition to the Neo Executive team as we continue to
pursue our objective of becoming the largest uranium producer and developer in
Africa. I look forward to working with De Wet in progressing the Neo projects
and growing the Company, both organically and by acquisition."

This announcement contains inside information for the purposes of the UK
Market Abuse Regulation, and the Directors of the Company are responsible for
the release of this announcement.

 

ENDS

 

Regulatory Disclosures

Further information on the appointment of Mr De Wet Schutte

Full list of present and past directorships (within the last five years) is as
follows:

 CURRENT       PAST (within the last five years)
 South Africa  Meridian Group Services

Mr Schutte currently holds no shares in the Company.

 

 

 

About NEO Energy Metals Plc

Neo Energy Metals plc is a Uranium developer and mining company listed on the
main market of the London Stock Exchange (LSE: NEO).

The Company and its South African Subsidiaries, namely Neo Uranium Resources
Beisa Mine (Pty) Limited and Neo Uranium Resources South Africa (Pty) Ltd have
continued to strengthen the uranium portfolio through conditional agreements
for the acquisitions of; 100% interest in the Beisa North and Beisa South
Uranium and Gold Projects and 100% interest in the Beatrix 4 mine and shaft
complex, the processing plant complex and associated infrastructure in the
Witwatersrand Basin, located in the Free State Province of South Africa. The
combined projects total SAMREC Code compliant resource base comprises, 117
million pounds of U₃O₈ and over 5 million ounces of gold.

Additionally, the Company holds up to a 70% stake in the Henkries Uranium
Project, an advanced, low-cost mine located in South Africa's Northern Cape
Province and a 100% interest in the Henkries South Uranium Project, extending
the Henkries Project's strike length by 10km to a total of 46km of shallow
paleo-channels proven to host uranium mineralisation through extensive
drilling and feasibility studies backed by US$30 million in historic
exploration and development expenditure.

The Company is led by a proven Board and Management team with experience in
uranium and mineral project development in Southern Africa. Neo Energy's
strategy focuses on an accelerated development and production approach to
generate cash flow from Henkries while planning for long-term exploration and
portfolio growth in the highly prospective Uranium district of Africa.

The Company's shares are also listed on the A2X Markets (A2X: NEO), an
independent South African stock exchange, to expand its investor base and
facilitate strategic acquisitions of uranium projects, particularly within
South Africa.

For enquiries contact:

 KENYA                                                           SOUTH AFRICA
 Jason Brewer - Executive Chairman                               Theo Botoulas - Chief Executive Officer

 jason@neoenergymetals.com (mailto:jason@neoenergymetals.com)    theo@neoenergymetals.com (mailto:theo@neoenergymetals.com)

 Faith Kinyanjui - Investor Relations faith@neoenergymetals.com  Michelle Krastanov - Corporate Advisor - AcaciaCap Advisors
 (mailto:faith@neoenergymetals.com)

                                                               michelle@acaciacap.co.za (mailto:michelle@acaciacap.co.za)

                                                                 Tel: +27 (0) 11 480 8500
                                                                 James Duncan - Media Relations

                                                                 james@jmdwrite.com (mailto:james@jmdwrite.com)

                                                                 Tel: +27 (0) 79 336 4010

 

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