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RNS Number : 3382A Tungsten West PLC 23 September 2025
23 September 2025
Tungsten West Plc
("Tungsten West", the "Company" or the "Group")
Board Change
Tungsten West (LON:TUN), the mining company focused on restarting production
at the Hemerdon tungsten and tin mine ("Hemerdon" or the "Project") in Devon,
UK, announces that Alistair Stobie has stepped down as Chief Financial Officer
of the Company ("CFO"), with immediate effect, to pursue further career
opportunities. In addition, Alistair has resigned from his position as
Director of the Board and all associated companies.
The Board has initiated a search and selection process to appoint a permanent
CFO. In the interim, Phil Povey, currently Head of Commercial & Corporate
Development of Tungsten West, will assume the role of interim CFO until a
suitable replacement has been identified. Further announcements will be made
in due course.
Stephen Harrison, Chairman of Tungsten West, commented:
"I would like to thank Alistair for his contribution and dedication during his
time at Tungsten West. He has helped initiate funding discussions for the
restart of Hemerdon and these are progressing positively with a number of
parties. On behalf of the Board, I wish him all the best going forward."
"Whilst we conduct the search for a permanent replacement, I am pleased that
Phil has stepped into the role of interim CFO. Phil's experience with the
Company and Project will allow for a smooth transition during this interim
period."
Ends
For further information, please contact:
Enquiries
Tungsten West Strand Hanson
Jeff Court (Nominated Adviser and Financial Adviser)
Tel: +44 (0) 1752 278500 James Spinney / James Dance / Abigail Wennington
Tel: +44 (0) 207 409 3494
BlytheRay
(Financial PR)
Tim Blythe / Megan Ray
Tel: +44(0) 20 7138 3204
Email: tungstenwest@blytheray.com
Hannam & Partners
(Broker)
Andrew Chubb / Matt Hasson / Jay Ashfield
Tel: +44 (0)20 7907 8500
Follow us on X @TungstenWest
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