Business
Notice of Resignation of Managing Director
Notice of Resignation of Managing Director.
About this update from Tertiary Minerals Plc
[{"type":"text","content":"\n \n \n RNS Number : 4543H\n Tertiary Minerals PLC\n 25 March 2020\n \n \n \n \n Tertiary Minerals plc\n \n \n \n www.tertiaryminerals.com\n \n \n \n (\"Tertiary\" or \"the Company\")\n \n \n 25 March 2020\n \n \n \n \n \n Tertiary Minerals plc (\"Tertiary\" or \"the Company\")\n \n \n Notice of Resignation of Managing Director\n \n \n \n \n \n Tertiary Minerals plc, the AIM traded company building a \n multi-commodity project portfolio\n , wishes to advise that it has today received notice from Mr. Richard Clemmey of his resignation as Managing Director of the Company. \n \n \n Mr. Clemmey will continue in his position until 30 June 2020 to manage the upcoming drill programme on the Company's exciting Pyramid Gold Project in Nevada, USA and to ensure an orderly transition of responsibilities. The Company will seek to make a replacement appointment in due course and the Executive Chairman will assume the role of Chief Executive as an interim measure, if so required. \n \n \n \n Commenting today, the Executive Chairman, Mr. Patrick Cheetham, said\n \n \n \"It is with regret that the Board has accepted Ric's resignation but understands his decision given that recent events on the Storuman project in Sweden have shifted the Group's focus to its gold and other exploration and resource identification projects. We wish Ric every success in his new role and thank him for his contribution to the Company.\" \n \n \n \n \n \n \n Further information:\n \n \n \n \n \n \n \n \n Enquiries\n \n \n \n \n \n Tertiary Minerals plc\n \n \n Patrick Cheetham, Executive Chairman \n \n \n \n \n \n \n \n \n \n \n \n \n \n +44 (0)1625 838 679 \n \n \n \n \n \n \n SP Angel Corporate Finance LLP\n \n \n Nominated Adviser & Broker\n \n \n Richard Morrison/Caroline Rowe\n \n \n \n \n \n \n \n \n \n \n +44 (0)203 470 0470\n \n \n \n \n \n \n Peterhouse Capital Limited\n \n \n Joint Broker\n \n \n Lucy Williams/Duncan Vasey\n \n \n \n \n \n \n \n +44 (0)207 469 0930\n \n \n \n \n \n \n \n \n \n \n \n Market Abuse Regulation (MAR) Disclosure\n \n \n Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement\n \n \n  ...