26 September 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, is pleased to announce that Andrew Peter Harry Donovan (aged
56) has been appointed as a Non-Executive Director of the Company
with immediate effect.
Mr Donovan is a Chartered
Accountant, who trained at Arthur Andersen, and has considerable
investment banking experience, having worked on numerous
transactions at Schroders, Citi, Lexicon Partners, Evercore
Partners, and Schroders Greencoat over the past 28 years. Mr
Donovan currently serves as a Non-Executive Director on the board
of Gresham House Renewable Energy VCT2.
Christian Yates, Chair of Nativo, commented:
"I
am delighted to welcome Andrew to Nativo, where his extensive
financial and investment banking experience will be an asset to the
Board as we build out the precious metals strategy in Peru. We look
forward to working with him."
The following information is
disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules
for Companies. Mr Donovan has confirmed that there are no further
disclosures required.
At the time of this announcement Mr
Donovan holds no shares the Company.
A list of Mr Donovan's current
directorships and partnerships together with those held within the
last five years is set out below:
|
Current directorships / partnerships
|
Past
directorships / partnerships within the last five
years
|
|
GRESHAM HOUSE RENEWABLE ENERGY VCT 2
PLC
|
CARN NICHOLAS SOLAR
LIMITED
|
|
DONOVAN CAPITAL ADVISORY
LIMITED
|
ISG RENEWABLES LIMITED
|
|
SUNSTONE SOUTH LIMITED
|
BICKER FEN SOLAR LIMITED
|
|
|
CAPBAL MALDON LIMITED
|
|
|
CAPBAL (FORFAR) LIMITED
|
|
|
CAPBAL (BRACO) LIMITED
|
|
|
CAPBAL LIMITED
|
|
|
UNIBAL ENERGY LIMITED
|
|
|
MEDEBRIDGE SOLAR LIMITED
|
|
|
EKU ENERGY FAUNE PROJECTS (UK)
LIMITED
|
|
|
SPVBAL 010 LIMITED
|
|
|
SPVBAL 011 LIMITED
|
For
further information please contact:
|
Nativo Resources
Stephen Birrell, Chief Executive
Officer
|
Via Vigo Consulting
nativo@vigoconsulting.com
|
|
Zeus Capital Limited (Nominated Adviser and Joint
Broker)
James Joyce
James Bavister
Isaac Hooper
|
Tel: +44 (0)20 3829 5000
|
|
Peterhouse Capital limited (Joint Broker)
Duncan Vasey
Lucy Williams
|
Tel: +44 (0)20 7469 0930
|
|
Vigo Consulting (Investor Relations)
Ben Simons
Peter Jacob
|
Tel: +44 (0)20 7390
0234
nativo@vigoconsulting.com
|
About Nativo Resources plc (formerly Echo Energy 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 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 producing gold and
silver through primary mining and tailings cleaning, 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 in Q4 2024.
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media:
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