REG - First Tin PLC - Board Changes

First TinAnnouncement

28/08/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240828:nRSb8684Ba&default-theme=true

RNS Number : 8684B  First Tin PLC  28 August 2024

 

28 August 2024

First Tin PLC

("First Tin" or "the Company")

Board Changes

First Tin PLC, a tin development company with advanced, low capex projects in
Germany and Australia, announces that Ms Catherine Apthorpe and Mr Ingo
Hofmaier have given notice of their intention to step down as Non-Executive
Directors of the Company at the end of third quarter, effective 30 September
2024.  Following the announcement of Metals X Limited's strategic stake in
the Company and the appointment of its two representatives on 11 July 2024,
the Board is being re-sized to better reflect the next stage of the Company's
development.

 

First Tin CEO Bill Scotting said:

"On behalf of my colleagues and the Board, I would like to thank Catherine and
Ingo for their significant contribution to First Tin as a Non-Executive
Directors since our IPO in April 2022, and wish them success with their future
endeavours."

 

Enquiries:

 

 First Tin                                                                      Via SEC Newgate below
 Bill Scotting - Chief Executive Officer
 Arlington Group Asset Management Limited (Financial Advisor and Joint Broker)

 Simon Catt                                                                     020 7389 5016

 Zeus Capital Limited (Joint Broker)
 Harry Ansell                                                                   020 7220 1670

 SEC Newgate (Financial Communications)
 Elisabeth Cowell / Molly Gretton                                               FirstTin@secnewgate.co.uk

 

Notes to Editors

First Tin is an ethical, reliable, and sustainable tin production company led
by a team of renowned tin specialists. The Company is focused on becoming a
tin supplier in conflict-free, low political risk jurisdictions through the
rapid development of high value, low capex tin assets in Germany and
Australia.

Tin is a critical metal, vital in any plan to decarbonise and electrify the
world, yet Europe has very little supply. Rising demand, together with
shortages, is expected to lead tin to experience sustained deficit markets for
the foreseeable future. Its assets have been de-risked significantly, with
extensive work undertaken to date.

First Tin's goal is to use best-in-class environmental standards to bring two
tin mines into production in three years, providing provenance of supply to
support the current global clean energy and technological revolutions.

 

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOABSGDIBUDDGSR