RNS

RNS Number : 2549K
Ortac Resources Limited
06 July 2017
 

Ortac Resources Ltd / Epic: OTC / Market: AIM / Sector: Mining & Exploration

 

6 July 2017

ORTAC RESOURCES LTD 

("ORTAC" OR THE "COMPANY")

 

Board Appointment

 

Ortac Resources Ltd ("Ortac"), the AIM listed exploration and mine development company operating in Europe and Africa, is pleased to announce the appointment of Brian McMaster to its Board of Directors as a Non-Executive Director, as of 01 August 2017.

 

Brian has extensive experience in the mining sector, having been involved in the industry for over 20 years. Brian also has considerable capital markets expertise and is currently a Director of Harvest Minerals Limited (AIM:HMI), Jangada Mines (AIM:JAN), Valor Resources Limited (ASX:VAL) and Five Star Diamonds Limited (TSX-V:STAR).

 

Brian is a member of The Institute of Chartered Accountants in Australia and was until 2011 a partner at restructuring and capital advisory firm, Kordamentha. Prior to that he was a partner at Ernst & Young.

 

Nick von Schirnding, Non-Executive Director of Ortac, commented:

 

"I am delighted to welcome Brian to the board of Ortac.  Having worked closely with Brian over the past few years we look forward working with Brian as Ortac enters an exciting phase of the Company's development.  Brian has a strong track record of delivering value for shareholders and I firmly believe he will be a major asset to the Company."

 

Contacts

Ortac Resources Ltd

Vassilios Carellas (CEO)

 

+44 (0) 20 3874 8664

SP Angel (Nominated Adviser & Broker)

Ewan Leggat / Lindsay Mair

 

Celicourt Communications (PR)

Mark Antelme / Jimmy Lea

+44 (0) 20 3470 0470

 

 

+44 (0) 20 7520 9261

 

 

 

About Ortac

 

Ortac Resources Limited is an AIM listed exploration and mine development company focused on a diversified portfolio of mining projects with interests in Slovakia, Eritrea, the Democratic Republic of Congo and Zambia. 

 

In addition to its 100% holding in the Kremnica Mining Licence Area in Slovakia, Ortac also holds an 18.48% interest in Andiamo Exploration Limited, a private company exploring for resources in Eritrea; a convertible in Zamsort Limited, a private company located in Zambia, which is convertible into a 19.35% interest; and a convertible in CASA Mining Ltd, a private gold mine development company advancing the large-scale Misisi Gold Project in the Democratic Republic of the Congo, which is convertible into a 45% interest.

 

For more information visit www.ortacresources.com

 

Appendix:

 

Brian Keith McMaster, 46, currently holds or has held the following directorships and partnerships in the last five years:

 

Current Directorships

Past Directorships

Bounty Mining Limited

Alloy Steel Corporation Limited

Brazphis Pty Ltd

Alvo Energy Limited

Contango Holdings Plc

Auzfert Pty Ltd

Fat Hog Pty Ltd

Blackstar Petroleum Limited

Five Star Diamongs Limited

Brazil Graphite Pty Ltd

FSD Brazil Limited

Castillo Copper Limited

Garrison Capital Partners Limited

Copper Range (SA) Pty Ltd

Garrison Capital (UK) Limited

Fair Capital Pty Ltd

Garrison Capital (Victoria) Pty Ltd

Firestone Energy Limited

Harvest Minerals Limited

FSD Management Pty Ltd

Hudson Bay Investments Pty Ltd

Garrison Capital Pty Ltd

Jangada Mines Plc

Garrison Equities Pty Ltd

Nomad Mining Pty Ltd

Golden Spur Resources Pty Ltd

Pedra Branca do Brasil Mineracao Ltda

Goldtime Asset Pty Ltd

South Coast Angus Pty Ltd

Haranga Resources Limited

Vega Potash Limited

Hudson Bay Pastoral Pty Ltd

Valor Resources Limited

IODM Limited


Lindian Resources Limited


Paradigm Metals Limited


Paradigm Queensland Pty ltd


Sierra Oil Limited


Southland Beff Pty Ltd


Strzelecki Mining Limited


Surat Gas Pty Ltd


Tharsis Mining Pty Ltd


The Colonial Copper Company Pty Ltd


The Waterberg Coal Company Limited


Tungsten NSW Pty Ltd


Union Resources Pty Ltd


United Grain Farms Pty Ltd


Valor Resources Limited


Voyager Exploration Pty Ltd


Watershed Land Limited


Watershed Premium Wines Limited


Westar Industrial Limited


Wolf Petroleum Ltd


WWHD Property Ltd

 

This announcement sets out all of the disclosures required pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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