Tri-Star Resources Plc Directorship Changes at SPMP & Funding Update
26 February 2020 - 9:33PM
UK Regulatory
TIDMTSTR
Tri-Star Resources PLC / AIM: TSTR / Sector: Natural Resource
26 February 2020
Tri-Star Resources plc ("Tri-Star" or the "Company")
Directorship Changes at SPMP & Funding Update
Tri-Star Resources plc (AIM: TSTR), the minerals processing company, announces
directorship changes at its 40% owned investee company, Strategic & Precious
Metals Processing LLC ("SPMP"), which owns an antimony and gold production
facility in the Sultanate of Oman.
SPMP's CEO, Steven Din, has stepped down from his position to pursue other
business interests and its current Chief Operating Officer, Joel Montgomery,
has been appointed as acting CEO. The board of Tri-Star wishes Steven well in
his future endeavours.
Additionally, further to the RNS dated 9 January 2020, negotiations between
SPMP's shareholders regarding its funding arrangements continue, although the
nature and timing of any final agreement remains uncertain.
Certain information contained in this announcement would have been deemed
inside information for the purposes of Article 7 of Regulation (EU) No. 596/
2014 until the release of this announcement.
**ENDS**
For further information, please visit www.tri-starresources.com or contact:
Tri-Star Resources plc c/o SBP
David Facey, CEO/ CFO Tel: +44 (0)20 7236 1177
St Brides Partners (Financial PR)
Isabel de Salis / Beth Melluish Tel: +44 (0)20 7236 1177
SP Angel Corporate Finance (Nominated
Adviser) Tel: +44 (0)20 3470 0470
Jeff Keating/Caroline Rowe
finnCap Ltd (Broker)
Scott Mathieson / Camille Gochez Tel: +44 (0)20 7220 0500
Notes to Editors:
Tri-Star's principal interest is in an antimony and gold production facility
(the "SPMP Project"). The SPMP Project is based in Sohar, Sultanate of Oman,
and is being developed by Strategic & Precious Metals Processing LLC ("SPMP"),
an Omani company in which Tri-Star has a 40% equity interest.
END
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