LONDON, Aug. 21, 2017 /CNW/ - Meridian Mining SE
(TSX V: MNO) ("Meridian" or the "Company") today is pleased to
announce that it has relocated its head office from Amsterdam, the Netherlands to London, United Kingdom ("UK"). The UK
Corporate Registry has finalized the continuation and the Company
is now governed by the laws of the United
Kingdom. Shareholders approved the continuation at the
Company's Annual General Meeting held in Amsterdam, the Netherlands, on June 29, 2017.
Concurrently with the continuation, the Company announces
changes to its Board of Directors (the "Board"). Alister Hume, an investment manager with the
Sentient Fund and based in London,
UK, was appointed as a non-executive director to the
Board. Mr. Hume established the Sentient UK office in 2013 to
manage a number of mining investments within the Sentient
portfolio. Prior to joining Sentient Mr. Hume worked at RBS
Morgan's in an Investment Advisor role with a focus on metals and
mining. Mr. Hume holds a bachelor's degree in Commerce from the
University of Sydney.
In addition, Angelina Mehta and
Stefano Haver have stepped down from
their roles on the Board. Meridian would like to thank Ms. Mehta
and Mr. Haver for their valuable contribution to the Company and
wish them all the best in their future ventures.
On behalf of the Board of Directors of
Meridian Mining SE
"Anthony Julien"
Anthony Julien
President, CEO and Director
ABOUT MERIDIAN
Meridian Mining SE is focused on the acquisition, exploration,
development and mining activities in Brazil. The Company is currently focused on
exploring and developing the Espigão manganese project, the Bom
Futuro tin JV area, and adjacent areas in the state of Rondônia.
The Company employs a two-pronged strategy with the objective of
growing pilot production while advancing a parallel multi-commodity
regional exploration program. Meridian is currently producing high
grade manganese at its project located at Espigão do Oeste.
Further information can be found at www.meridianmining.co.
FORWARD-LOOKING STATEMENTS
Some statements in this
news release contain forward-looking information or forward-looking
statements for the purposes of applicable securities laws. These
statements include, among others, statements with respect to the
Company's plans for exploration and development of its properties
and potential mineralization. These statements address future
events and conditions and, as such, involve known and unknown
risks, uncertainties and other factors, which may cause the actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by the statements. Such risk factors include, among others,
failure to obtain regulatory approvals, failure to complete
anticipated transactions, the timing and success of future
exploration and development activities, exploration and development
risks, title matters, inability to obtain any required third party
consents, operating hazards, metal prices, political and economic
factors, competitive factors, general economic conditions,
relationships with strategic partners, governmental regulation and
supervision, seasonality, technological change, industry practices
and one-time events. In making the forward-looking statements, the
Company has applied several material assumptions including, but not
limited to, the assumptions that: (1) the proposed exploration and
development of mineral projects will proceed as planned; (2) market
fundamentals will result in sustained metals and minerals prices
and (3) any additional financing needed will be available on
reasonable terms. The Company expressly disclaims any intention or
obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise
except as otherwise required by applicable securities
legislation.
The TSX Venture Exchange has in no way passed upon the merits of
the proposed Arrangement and has neither approved nor disapproved
the contents of this news release. Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE Meridian Mining S.E.