TIDMAJAX

RNS Number : 8498N

Ajax Resources PLC

25 January 2023

25 January 2023

AJAX RESOURCES PLC

("Ajax" or the "Company")

Appointment of Consultant Geologist

Ajax [ LSE : AJAX ], the UK listed special purpose acquisition company with a focus on natural resources, is pleased to announce the appointment of Eric Sondergaard to the position of consultant geologist to assist the Company in the identification of highly prospective natural resource production and development opportunities, specifically within the mining sector.

Mr. Sondergaard is a registered Professional Geoscientist (P.Geo) and a graduate of the University of Calgary in Canada with over fifteen years of operational experience in challenging and remote locations. Notably, he managed the exploration team that uncovered a super-giant rare earth deposit in Greenland. Eric has a broad spectrum of operational experience ranging from exploration, optimization, exploitation and project management, to leading contract and joint venture negotiations.

Most recently, he served as Executive Director and Chief Operating Officer at an AIM-quoted mining company, which has joint ventures with KoBold Metals and Rio Tinto Exploration, focused on developing a portfolio of critical metals projects in Greenland and Finland.

Ippolito Cattaneo, Chief Executive Officer of Ajax, commented:

" I am delighted to welcome Eric to the team. Alongside Ajax's Chairman, Michael Hutchinson, we have extensive experience in production and exploration activities, as well as deal-making and commodity trading, to enable the Company to become a full-cycle energy business .

Eric will provide a valuable contribution as we implement our strategy of identifying opportunities to acquire, develop and monetise an asset with significant development potential across various geographies, including Greenland among other secure jurisdictions, with a particular focus on the green energy sector .

We look forward to updating shareholders on our progress in reviewing acquisition opportunities in the near future."

   -    ENDS -

Further Information:

 
 Ajax Resources Plc                 Tel: + 44 (0) 208 146 6345 
  Ippolito Cattaneo, Chief           info@ajaxresources.com 
  Executive Officer 
 Clear Capital Markets (Corporate   Tel: +44 (0)20 3869 6080 
  Broker)                            keithswann@clear-cm.co.uk; 
  Jonathan Critchley/ Keith          jonathancritchley@clear-cm.co.uk 
  Swann 
                                   ---------------------------------- 
 Allenby Capital Limited            Tel: + 44 (0) 203 328 5656 
  (Financial Adviser)                n.harriss@allenbycapital.com 
  Nick Harriss 
                                   ----------------------------------

Notes to Editors :

Ajax Resources Plc is a Special Purpose Acquisition Company (SPAC) listed on the FCA Official List and admitted to trading on the Main Market for listed securities of the London Stock Exchange under the ticker "AJAX".

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCFLFVLLFIEFIV

(END) Dow Jones Newswires

January 25, 2023 06:35 ET (11:35 GMT)

Ajax Resources (LSE:AJAX)
Historical Stock Chart
From Oct 2024 to Dec 2024 Click Here for more Ajax Resources Charts.
Ajax Resources (LSE:AJAX)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Ajax Resources Charts.