TIDMMAFL

RNS Number : 6238A

Mineral & Financial Invest. Limited

29 December 2017

MINERAL AND FINANCIAL INVESTMENTS LIMITED

("MAFL" or the "Company")

Directorate Change and Senior Appointment

The Company announces that Alastair Ford, Chief Operating Officer and Executive Director, has given notice of his intention to leave the Company to pursue other interests. His resignation will take effect, and he will step down from the Board, at the end of today.

Jacques Vaillancourt, Executive Chairman of MAFL, said: "The Board would like to thank Alastair for the contribution he has made to MAFL and we wish him every success with his future endeavours. On a more personal note, I have very much enjoyed working with Alastair. His daily contributions were always sage, considered and of great value."

The Company also announces that James ("Jamie") Lesser has been appointed Chief Operating Officer of Mineral & Financial Investments effective as of 1 January 2018. Jamie is a co-founder of Chalkstone Partners, a political risk and community relations advisory firm. Previously, Jamie was a Director at HSBC Global Banking and Markets. Jamie has 17 years' experience in capital markets, 12 years of which focused on the mining sector. Additionally, Jamie's work experience includes roles at Fairfax IS, Natixis Bleichroeder, Seymour Pierce, Panmure Gordon and Credit Suisse First Boston. Jamie is a graduate of the University of Bristol and attended l'Université de Michel de Montaigne, in Bordeaux, France.

Jacques Vaillancourt, Executive Chairman of MAFL, commented on the appointment: "We are delighted to welcome someone of Jamie's calibre to MAFL and look forward to working hand in hand with him to create shareholder value."

For more information:

 
 Jacques Vaillancourt, Executive     +44 20 7467 
  Chairman                            1709 
 Katy Mitchell and Jessica Cave,     +44 161 832 
  WH Ireland                          2174 
 Jon Belliss, Beaufort Securities    +44 207 382 
  Limited                             8300

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 29, 2017 08:23 ET (13:23 GMT)

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