|By Marketwired .||
|May 9, 2014 07:00 AM EDT||
LONDON, UNITED KINGDOM -- (Marketwired) -- 05/09/14 -- Anglo Pacific Group PLC (TSX: APY) (LSE: APF)
Anglo Pacific Group PLC
Anglo Pacific Group PLC ("Anglo Pacific" or the "Company") (LSE: APF, TSX: APY) is pleased to announce the appointment of Rachel Rhodes as an independent non-executive director of the Company, effective from May 8, 2014.
Rachel Rhodes has over fifteen years of experience in the mining sector, including with Anglo American Plc and, most recently, serving as Chief Financial Officer and a director of London Mining PLC from September 2008 until November 2013. Rachel is a member of the Institute of Chartered Accountants in England and Wales, having qualified with Coopers and Lybrand in 1997. In 2013, Rachel was recognised within the Global 100 Inspirational Women in Mining publication.
Further to the announcement on March 28, 2014, the Company also announces that Mr. Brian Wides has retired from the Board with effect from May 8, 2014. Mr. Wides will continue in a part-time consulting role for six months to ensure an effective handover of his responsibilities.
Mike Blyth, Chairman of Anglo Pacific, said:
"We are delighted to welcome Rachel to our Board. Her experience in the mining industry, particularly from a corporate finance perspective, makes Rachel a valuable addition to the team at Anglo Pacific and will serve to further strengthen the Board's skills and expertise."
There are no further details in respect of Rachel Rhodes requiring disclosure under Listing Rule 9.6.13.
For further information:
Anglo Pacific Group PLC +44 (0) 20 3435 7400 Julian Treger - Chief Executive Officer Mike Blyth - Chairman Peter Mason - Company Secretary Liberum Capital +44 (0) 20 3100 2000 Chris Bowman / Ryan de Franck BMO Capital Markets Limited +44 (0) 20 7664 8121 Neil Haycock / Tom Rider Bell Pottinger +44 (0) 20 7861 3232 Nick Lambert / Lorna Cobbett
Notes to Editors
About Anglo Pacific
Anglo Pacific is a global mining royalty company. The Company's strategy is to create the premier base metals and bulk materials listed royalty company, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.
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