REG - Tertiary Minerals - Board Change

Tertiary MineralsAnnouncement

17/12/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251217:nRSQ8226La&default-theme=true

RNS Number : 8226L  Tertiary Minerals PLC  17 December 2025

              17 December 2025

Tertiary Minerals plc

 ("Tertiary" or the "Company")

Board Change

Tertiary Minerals plc (AIM: TYM) announces that Patrick Cheetham, founder and
Executive Chairman, will assume the position of Non-Executive Chairman of the
Company with effect from 1 January 2026.

Patrick founded Tertiary, listed the company on AIM in 1999 and has led the
Company throughout its 26-years, through several commodity cycles and mineral
discoveries, to its present focus on precious and energy transitional metals
in Zambia, Nevada (USA) and Sweden.

The change is part of the Company's ongoing development following the
appointment of Dr Richard Belcher as Managing Director in March 2025. The
Company remains committed to exploration excellence and advancement across its
exploration portfolio, including its recent silver-copper-zinc discovery in
Zambia.

 

Richard Belcher, Managing Director of Tertiary Minerals plc, commented:

"Patrick founded the company back in 1999 and has led the company since then,
initially as an industrial/critical minerals explorer in Europe, through its
expansion into precious metals in the USA and, more recently, the expansion
into Zambia. We are thankful to Patrick for his role in founding the Company
and leading it for many years, and we are pleased that he will continue to
contribute to the Company as Non-Executive Chairman as the Company continues
to advance its portfolio of exciting projects."

Patrick Cheetham, Executive Chairman of Tertiary Minerals plc, commented:

"Richard's appointment as Managing Director earlier this year is part of a
broader plan to refresh the Company's management team and it is an opportune
time for me to make this change. I am confident that the Company is in good
hands with a strong portfolio of mineral projects and a clear strategy for
growth. It has been a privilege to serve the Company in an executive capacity
and I look forward to continuing to Chair the Board going forward."

 

Further Information:

 Tertiary Minerals plc
 Richard Belcher, Managing Director  +44 (0) 1625 838 679
 SP Angel Corporate Finance LLP, Nominated Adviser and Broker
 Richard Morrison/Jen Clarke         +44 (0) 203 470 0470
 AlbR Capital Limited, Joint Broker
 Lucy Williams/Duncan Vasey          +44 (0) 207 469 0930

 

About Tertiary Minerals plc

Tertiary Minerals plc (AIM: TYM) is an AIM-traded mineral exploration and
development company whose strategic focus is on energy transition metals. The
Company's projects are all located in stable and democratic, geologically
prospective, mining-friendly jurisdictions. Tertiary's current principal
activities are the discovery and development of copper and precious metal
mineral resources in Zambia and Nevada, USA.

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  BOAEAKAKFDLSFFA



            Copyright 2019 Regulatory News Service, all rights reserved