NQ Minerals PLC
(“NQ Minerals” or the “Company”)
NQ Minerals Welcomes Mr. Greg Lane To The Board of Directors
January 11, 2017 – NQ Minerals PLC (the “Company”) (ISDX: NQMI) is pleased to welcome Mr. Greg Lane to the Board of Directors.
Mr. Greg Lane is a Registered Professional Engineer (Queensland, Australia) with over 30 years’ experience in mine operation, engineering, design, study and project management. He has industry-leading knowledge of concentrator design, particularly comminution and flotation circuit design. He is the author of more than 70 publications on different aspects of minerals processing and project development, and is a highly sought after technical expert and a world leader in plant design and project execution.
Mr. Lane is currently Chief Technical Officer for Ausenco, a Brisbane-based multinational engineering, procurement, construction management, and operations service provider to the mining, energy and resources sectors. Ausenco employs over 1,400 people with 26 offices worldwide.
Mr. Lane holds a Master of Science degree from the University of Tasmania and has worked on large-scale projects in Australia, the USA, Canada, Brazil, Peru, Chile, Indonesia, Papua New Guinea, Laos and the Congo.
Mr. Lane has options over a total of 4,000,000 ordinary shares of 0.01p each in the Company exercisable at 7p per share, representing 2.5 % of the Company’s issued share capital.
Commenting, Non-Executive Chairman Brian Stockbridge, said:
“Mr. Lane is a very valuable addition to the Board. His extensive experience in efficient, cost-effective mine development and management will provide NQ Minerals with significant value as the Company moves forward with plans for new mine operations.”
Apart from his directorship of the Company, Mr. Greg Lane (aged 57) does not hold and has not held any directorships, nor is he or has he been a partner in any partnerships within the five years prior to his appointment:
Save as disclosed above, no additional information relating to Mr. Lane falls to be disclosed pursuant to paragraph 21 of Appendix 1 of the ISDX Growth Market – Rules for Issuers.
About NQ Minerals
NQ is an Australia-based exploration and mining company, focusing on projects where past exploration work has established the presence of mineral occurrences. The Company’s management team has decades of experience in the exploration and production of gold, silver and a variety of base metals. Please visit our website at www.nqminerals.com .
For further investor information, please contact
Mr. Kris Kottmeier,
VP Corporate Development
UK/Euro Tel: +44 (0) 20 3637 6522
North America Tel: +1 (604) 506-2502
For further corporate information, please contact:
Mr. Brian Stockbridge
NQ Minerals plc
Tel: + 44 (0) 7876 888 011
Mr. Nick Michaels and Mr. Jon Isaacs
Alfred Henry Corporate Finance Limited
Tel: +44 (0) 207 251 3762