Ovoca Appoints New Chief Financial Officer

Ovoca Resources plc Ovoca Resources plc ('Ovoca' or the 'Company') Ovoca Appoints new Chief Financial Officer Ovoca Resources plc the AIM and IEX listed (OVG) precious metals explorer in Russia and Sweden, today announces that it has appointed Mr Danesh Varma as Chief Financial Officer, who will be based in London, with immediate effect. Mr. Varma FCA, ATII, aged 55, brings to the position significant experience as he currently holds similar posts with Minco plc (MIO), Conquest Resources Limited and Candian Zinc Corporation of Canada. In addition Mr Varma is active in the junior mining sector in London, Bermuda and Toronto as a Director of Anglesey Mining plc and Juno Limited, and having worked with American Resource Corporation, Northgate Exploration Limited and Westfield Minerals Limited. Mr. Varma also brings to the company a wide experience in other corporate finance and financial management issues as a Corporate Finance Partner in Beer & Partners Limited and having been director and Vice President of the Dundee Bank. Mr. John O'Connor FCA remains on the Board as a director and Company Secretary. Dr. Barrie Oakes, CEO, speaking today said: "The addition of Danesh to our team is a significant move forward in the Company's development over the last six months. His financial experience with public and private companies in international exploration will be an asset to the Company." For further information Dr. Barrie Oakes, CEO. Tel: +44 (0)79 5113 9266 Barrie.oakes@ovoca.ie Roger Turner, Chairman. Tel +44 (0)77 3909 2813 Roger.turner@ovoca.ie Tom McCormack ConneXions Public Relations Tel: +353 (0)86 2454215