NTVO.L

Nativo Resources plc
Nativo Resources Plc - Directorate Change
26th September 2024, 06:37
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RNS Number : 7793F
Nativo Resources Plc
26 September 2024
 

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.

 

Follow us on social media:

 

LinkedIn: https://www.linkedin.com/company/nativoresources-plc

X (Twitter): https://x.com/nativoresources

 

 

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