3rd Dec 2014 07:01
3 December 2014
Tengri Resources
("Tengri" or the "Company")
Appointment of Director
Tengri Resources (AIM:TEN), the mining exploration and development company focused on low-cost gold-copper projects in Kyrgyz Republic, announces a change to the Company's Board of Directors.
In line with the announcement made on 5 November 2014, Tengri Resources is pleased to welcome Mr John Levings to the Board in the role of Non-Executive Director.
Mr Levings is a geologist with over 30 years' experience. He has had extensive geological experience with large multinational companies in consulting and managerial roles globally. He is a Fellow of the Australasian Institute of Mining and Metallurgy. Disclosure as required by AIM Rule 17 is provided in the appendix below. Mr Levings is an executive director of Robust Resources Limited; a majority shareholder in Tengri.
As well as these changes to the Board of Directors, Tengri has initiated a process for the recruitment of an additional independent non-executive director and further announcements will be made in this respect in due course.
Peter Moss, Non-Executive Chairman of Tengri, said:
"We are very happy to welcome John to the Tengri board and look forward to working with him to develop our exciting portfolio of projects. John's successful track record and geological expertise will bring valuable experience to our Board."
For further information, please contact:
Tengri Resources | |
Peter Moss | +44 20 3301 9346 |
finnCap Ltd (Nomad) | |
Matthew Robinson/Grant Bergman | +44 20 7220 0500 |
Peterhouse Corporate Finance Limited (Corporate Broker) | |
Heena Karani | +44 20 7469 0936 |
Tavistock Communications (PR and IR Adviser) | |
Nuala Gallagher/ Emily Fenton/ Jos Simson | +44 20 7920 3150 |
Appendix - AIM Rule 17
Save as disclosed herein, there are no additional disclosures to be made in accordance with paragraph (g) of Schedule 2 of the AIM Rules in relation to John John Levings (Age 58).
Current Directorships
· Robust Resources Limited · P.T. Gemala Borneo Utama · Reliance Resources Limited · P.T. Champion Hamahera Mining · P.T. Arafura Madiri Semangat · P.T. Aura Celebes Mandiri
| Directorships in the Past 5 Years
· Island Arc Consulting Pty Limited
|
Notes to Editors
Tengri Resources (AIM: TEN) is a mining exploration and development company focused on low-cost gold-copper projects in Central Asia.
The Company seeks to add portfolio value by applying a phased approach to project development. The Company is presently focused on Phase 1 of the Taldybulak deposit (TEN 100%), which will target development of a higher grade zone within the existing SAMREC compliant resources of 6.8Moz of gold and 1.66bnlb of copper. Tengri continues to advance the Andash Mining Project (TEN 100%) which has JORC compliant resources of 682koz of gold and 170Mlb of copper and the Bashkol project (TEN right to earn 70%), located 60km along strike from the producing Kumtor Gold Mine.
The Company listed on AIM in July 2014. Tengri's board and management are highly experienced in Central Asia, with mining operational and financial career backgrounds.
Related Shares:
FOR.L