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Company Patagonia Gold PLC
TIDM PGD
Headline

Directorate Change

Released 07:05 10-Jan-2013
Number 2171V07

RNS Number : 2171V
Patagonia Gold PLC
10 January 2013
 



 

 

 

 

Patagonia Gold Plc

('Patagonia Gold' or 'the Company')

Directorate Change

Patagonia Gold announces that Sir John Craven retired yesterday as Chairman of the Board and as a non executive director of the Company.  He has been succeeded as Chairman by the Deputy Chairman of the Company, Mr Carlos Miguens. It is intended that additional appointments will be made to the Board over the coming months and further announcements will be made as appropriate.

Commenting on this announcement, Carlos Miguens, PGD´s Chairman said:

 

"On behalf of the Board, my family and myself, I would like to express my sincerest appreciation for Sir John Craven´s contribution to Patagonia Gold as Chairman. We are deeply grateful for his valuable support and guidance throughout these past years, he was key to building the company we have today. Sir John became a close friend and advisor throughout this time and we will miss his presence. I wish him all the best in his future personal and professional endeavours."

About Patagonia Gold

Patagonia Gold Plc is an advanced mining exploration company that seeks to grow shareholder value through the acquisition, exploration and development of gold and silver projects in the southern Patagonia region of Argentina. The Company is primarily focused on the development of three projects: the flagship Cap-Oeste project, the nearby COSE project and the Lomada Heap Leach which is expected to begin generating free cash flow by 2013. Patagonia Gold, indirectly through its subsidiaries or under option agreements, has mineral rights to over 220 properties in several provinces of Argentina and Chile, and is one of the largest landholders in the province of Santa Cruz.

Patagonia Gold is listed on the Toronto Stock Exchange (TSX) under the symbol PAT and has been listed on the AIM market of the London Stock Exchange under the symbol PGD since 2003.

 

Enquiries:

 

 

Sir John Craven/Bill Humphries/Nigel Everest

Philip Yee, CFO

Patagonia Gold Plc

Patagonia Gold Plc

Tel: +44 (0) 20 7409 7444

Tel: +1 (416) 572 2007



Rory Scott

David Bick/Mark Longson

Mirabaud Securities LLP

Square 1 Consulting

Tel: +44 (0) 20 7878 3360

Tel:+44 (0) 20 7929 5599



Angela Hallett/James Spinney

Colin Languedoc

Strand Hanson Limited

Barnes Communications Inc.

Tel: +44 (0) 20 7409 3494

Tel: +1 (416) 367 5000

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Directorate Change - RNS