|By Marketwired .||
|February 19, 2014 02:05 AM EST||
LONDON, UNITED KINGDOM and BAIE VERTE, NEWFOUNDLAND and LABRADOR, CANADA -- (Marketwired) -- 02/19/14 -- Further to the announcement on 15 January 2014 appointing Norman Williams as President and CEO of Rambler Metals and Mining plc (TSX VENTURE: RAB) (LSE: RMM) ('Rambler' or the 'Company'), the Company is pleased to announce Mr. Williams has now been appointed to the board of Rambler with immediate effect.
Mr. Norman Patrick Williams (aged 40) was appointed Chief Financial Officer in 2010 having joined as Financial Controller two years prior. He is a Chartered Accountant with over fifteen years of financial and management experience. Prior to joining the Company, he served in management roles in finance and administration at the St. John's Port Authority in Newfoundland and earlier as Senior Manager at Deloitte where he was closely involved with a number of junior exploration companies. Mr. Williams completed a Bachelor of Commerce degree at Memorial University of Newfoundland and received his CA from The Canadian Institute of Chartered Accountants. He is currently a director of Rambler Metals and Mining Canada Limited.
With Mr. Williams' appointment to President and CEO, and to the Board of Directors, Mr. Williams has been issued options over 750,000 ordinary shares in the Company. Per the Company's stock option plan, these options are exercisable over a ten year period at a price of CDN $0.50 per share and vest in two parts: the first of 500,000 immediately and the second of 250,000 on the first anniversary of the grant, 19 February 2015. Mr. Williams currently holds nil shares in the Company but has incentive stock options over 1,175,000 ordinary shares (including the grant of 750,000 stock options).
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For further information, please contact:
Vice President and Corporate Secretary
Rambler Metals and Mining
Tel No: 709-800-1929
Fax No: 709-800-1921
Rambler Metals & Mining Plc
Tel No: +44 (0) 20 8652-2700
Fax No: +44 (0) 20 8652-2719
Stewart Dickson / Jeremy Stephenson
Cantor Fitzgerald Europe
Tel No: +44 (0) 20 7894 7000
Tim Blythe/Halimah Hussain
Blythe Weigh Communications
Tel No: +44 (0) 20 7138 3204
Ocean Equities Limited
Tel No: +44 (0) 20-7786-4370
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