Business
Appointment of Project Manager
Appointment of Project Manager.
About this update from Tertiary Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 3891N Tertiary Minerals PLC 01 September 2011 \n \n\n \nTertiary Minerals Plc\n \n(\"Tertiary\" or \"the Company\") \n \n \n APPOINTMENT - PROJECT MANAGER\n \nTertiary Minerals plc, a diversified mineral explorer and developer building a significant strategic position in the fluorspar sector, is pleased to announce the appointment of Mr. Richard Clemmey as Project Manager with special responsibility for the Company's fluorspar projects in Scandinavia.\n \nMr. Clemmey is a Chartered Engineer with a degree in Mining Geology. Most recently Mr Clemmey was employed by a private quarrying company as General Manager for the development of a coastal limestone quarry in Oman and before that he was UK Operations Manager-Aggregates for Marshalls plc with overall commercial and operational responsibility for 8 quarries in the UK. Mr. Clemmey has also managed a large quarrying operation for Lafarge in the UK and was Operations Manager for a chromite mining project in the UAE. \n \nAs a part of his salary package Mr. Clemmey is being issued with 1,000,000 warrants. Each warrant entitles the holder to purchase one ordinary share in the Company. Half of the warrants are exercisable at a price of 6.75 pence per share and half at a price of 11 pence per share. One quarter of the warrants is exercisable at any time after each of 1, 2, 3 & 4 years employment with the Company. \n \nCommenting on today's news, Patrick Cheetham, Executive Chairman, said: \"The Board is very pleased to welcome Richard into this pivotal role for the Company where we believe his strong commercial and operational background will help transition the Company from explorer to producer as we move forward with our exciting fluorspar projects in Sweden and Norway.\"\n \n \nENQUIRIES\n \nTertiary Minerals plc ...