Great Southern Copper PLC Appointment of CFO (8555F)
13 Julio 2023 - 1:00AM
UK Regulatory
TIDMGSCU
RNS Number : 8555F
Great Southern Copper PLC
13 July 2023
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13 July 2023
Great Southern Copper plc
("GSC" or the "Company")
Appointment of CFO
Great Southern Copper plc (LSE: GSCU), the company focused on
copper-gold exploration in Chile, is pleased to announce the
appointment of Martin Page as Chief Financial Officer ("CFO") and
as a member of the Board, effective from 1 August. Paul Williams
will be retiring from his position as CFO on 1 August.
Mr Page, (46), is an experienced CFO, predominantly in the
natural resources sector, with exposure to all elements of the
value cycle including exploration and operating assets. He has
extensive experience of capital and debt markets, statutory and
management reporting requirements and detailed tax and treasury
planning.
Mr Page joins having previously been CFO at Trident Royalties
plc, an AIM quoted junior mining royalty company, where he presided
over an increase in the company's market cap from c.$40 million to
c.$200m. In this role, Mr Page was responsible for oversight and
management of the Group's finances, negotiation of debt financing
and the deployment of over US$100m in capital across several large
deals. Prior to that he held the position of CFO at Toro Gold, a
group that owned and operated the Mako Gold mine in Senegal, which
was sold to Resolute Mining for in excess of US$300m in 2019.
Charles Bond, Chairman of Great Southern Copper, said: "We are
thrilled to welcome Martin as our new CFO. Martin brings with him
more than a decade of experience in finance within the natural
resources sector. We look forward to him leveraging his extensive
expertise within capital markets and corporate finance at this very
exciting time for the Company. I would also like to thank Paul for
all of his excellent work for the Company and we wish him the best
in his retirement."
Martin Page, incoming CFO of Great Southern Copper, said: " I am
delighted to be joining Great Southern Copper and excited to help
progress their very promising early-stage exploration assets in
Chile. The importance of developing new copper supplies to help
facilitate the net-zero transition is becoming increasingly clear
and I am happy to be a part of the Company as we look to help
bridge this widening supply gap and generate sustained value for
shareholders."
There is no further information required to be disclosed in
relation to Mr. Page pursuant to Listing Rule 9.6.13.
Enquiries:
Great Southern Copper plc
Sam Garrett, Chief Executive Officer +44 20 4582 3500
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SI Capital Limited
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Nick Emerson +44 (0)14 8341 3500
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Gracechurch Group
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Harry Chathli, Alexis Gore, Henry
Gamble +44 (0)20 4582 3500
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Notes for Editors:
About Great Southern Copper
Great Southern Copper is a mineral exploration company focused
on copper-gold deposits in Chile. The Company has the option to
acquire rights to 100% of two projects that are prospective for
large scale copper-gold deposits in the underexplored coastal belt
of Chile, a globally significant mining jurisdiction and the
world's largest copper producer.
The two projects comprise the San Lorenzo Project, northeast of
the coastal town of La Serena in northern Chile, and the
Especularita Project located approximately 170km to the south of
the San Lorenzo project. The two early-stage Cu-Au exploration
projects are within the same coastal metallogenic belt as other
major deposits including Teck's Andacollo copper and gold mine.
Significant historical small-scale and artisanal workings for both
copper and gold are readily evident in both exploration project
areas.
Great Southern Copper is strategically positioned to support the
global market for copper, a key metal in the clean energy
transition around the world. The Company is actively engaged in a
two-year exploration and evaluation work programme targeting
principally large tonnage, low to medium grade porphyry style Cu-Au
deposits.
Further information on the Company is available on the Company's
website: https://gscplc.com
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