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RRR - Red Rock Resources News Story

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Sector
Basic Materials
Size
Micro Cap
Market Cap £7.60m
Enterprise Value £7.66m
Revenue £n/a
Position in Universe 1624th / 1783

Red Rock Resources - Directorate Change

Mon 26th July, 2021 7:00am
RNS Number : 3659G
Red Rock Resources plc
26 July 2021
 

26 July 2021

 

Red Rock Resources PLC

("Red Rock" or the "Company")

 

Board Appointment

 

Red Rock Resources Plc, the natural resource development company with interests in gold, manganese and base metals, is pleased to announce the appointment to the Board of Alex Borrelli as an independent Non-Executive Director with immediate effect.

Alex Borrelli, FCA, initially studied medicine and then qualified as a chartered accountant with Deloitte, Haskins & Sells, London in 1982. He then worked in corporate finance at Guinness Mahon, Samuel Montagu and as a corporate finance and main board director at Charterhouse. His subsequent investment banking business included nine years as Head of Corporate Finance and AIM Nomad qualified executive at Shore Capital. He has acted on a wide variety of corporate transactions in a senior role for over 20 years, including flotations, takeovers, mergers and acquisitions for private and quoted companies. For the last 15 years, he has been acting as chairman and director of various listed companies, including AIM-listed Greatland Gold PLC, Xpediator PLC, Tiger Royalties and Investments PLC and most recently Bradda Head Holdings Limited.

 

Andrew Bell, Chairman of Red Rock, commented: "I am pleased to welcome Alex Borrelli to the board of Red Rock. Alex has considerable resource industry experience and a long history of public company involvement. His strong corporate finance background makes him a valuable addition to the board as the Company moves into a new growth phase. We look forward to working with Alex."

 

AIM Disclosures Michael Alexander (Alex) Borrelli (age 65)

Alex has held the following directorships and/or partnerships in the past five years:

 

Current:

Past:

Greatland Gold PLC

BMR Group PLC

BWA Group PLC

Black Sea Property PLC

BWA Resources (UK) Limited

The Black Sea Property Fund Limited

Xpediator PLC

Enviro Processing Limited

BNB Recruitment Solutions PLC

Enviro Props Limited

Borrelli Capital Limited

Kabwe Operations Limited

Tiger Royalties and Investments PLC

Enviro Zambia Limited

Bradda Head Holdings Limited

BMR Minas de Portugal LDA

 

Callisto Resources Limited

 

Mineralfields Limited

 

Mineralfields Group Limited

 

Metal Tiger PLC

 

Metal Capital Limited

 

Metal Horse Limited

 

Prego International Limited

 

Enviro Mining Limited

 

Alex does not currently hold any shares, options or warrants in the Company.

 

Alex was a non-executive director of BNB Recruitment Solutions ("BNB") from 5 April 2007 until its liquidation on 25 January 2010. BNB was placed into administration on 29 June 2009 and entered into a creditors' voluntary liquidation on 25 January 2010.

Alex was a director of IAF Securities Limited ("IAF") from 1 September 2008 until 18 January 2009. IAF entered into a creditors' voluntary liquidation on 23 March 2009.

 

There is no further information to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.

 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

For further information please contact:

 

For further information, please contact:

Andrew Bell 0207 747 9990                                                                          Chairman Red Rock Resources Plc

Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396                       NOMAD Beaumont Cornish Limited

Mark Treharne 0203 700 2500                                                                     Broker Pello Capital Limited

 

 

 

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