Meridian Mining Completes Continuation to UK
Meridian Mining Completes Continuation to UK
LONDON
,
Aug. 21, 2017
/CNW/ - Meridian Mining SE (TSX V: MNO) ("Meridian" or the "Company") today is pleased to announce that it has relocated its head
office from
Amsterdam, the Netherlands
to
London, United Kingdom
("UK"). The UK Corporate Registry has finalized the continuation and the Company is now
governed by the laws of the
United Kingdom
. Shareholders approved the continuation at the Company's Annual General Meeting held in
Amsterdam, the
Netherlands
, on
June 29
, 2017.
Concurrently with the continuation, the Company announces changes to its Board of Directors (the "Board").
Alister Hume
, an investment manager with the
Sentient Fund and based in
London, UK
, was appointed as a non-executive director to the Board. Mr. Hume established the Sentient UK office in 2013 to
manage a number of mining investments within the Sentient portfolio. Prior to joining Sentient Mr. Hume worked at RBS Morgan's in an Investment Advisor role
with a focus on metals and mining. Mr. Hume holds a bachelor's degree in Commerce from the
University of Sydney
.
In addition,
Angelina Mehta
and
Stefano Haver
have stepped down from their roles on the Board. Meridian would like to thank Ms. Mehta and Mr. Haver for their
valuable contribution to the Company and wish them all the best in their future ventures.
On behalf of the Board of Directors of
Meridian Mining SE
"Anthony Julien"
Anthony Julien
President, CEO and Director
ABOUT MERIDIAN
Meridian Mining SE is focused on the acquisition, exploration, development and mining activities in
Brazil
. The Company is currently focused on exploring and
developing the Espigão manganese project, the Bom Futuro tin JV area, and adjacent areas in the state of Rondônia. The Company employs a two-pronged
strategy with the objective of growing pilot production while advancing a parallel multi-commodity regional exploration program. Meridian is currently producing high
grade manganese at its project located at Espigão do Oeste.
Further information can be found at
www.meridianmining.co
.
FORWARD-LOOKING STATEMENTS
Some statements in this news release contain forward-looking information or forward-looking statements for the purposes of applicable securities laws. These
statements include, among others, statements with respect to the Company's plans for exploration and development of its properties and potential mineralization.
These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the
actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the
statements. Such risk factors include, among others, failure to obtain regulatory approvals, failure to complete anticipated transactions, the timing and success of
future exploration and development activities, exploration and development risks, title matters, inability to obtain any required third party consents, operating
hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with strategic partners, governmental
regulation and supervision, seasonality, technological change, industry practices and one-time events. In making the forward-looking statements, the Company
has applied several material assumptions including, but not limited to, the assumptions that: (1) the proposed exploration and development of mineral projects will
proceed as planned; (2) market fundamentals will result in sustained metals and minerals prices and (3) any additional financing needed will be available on
reasonable terms. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new
information, future events or otherwise except as otherwise required by applicable securities legislation.
The TSX Venture Exchange has in no way passed upon the merits of the proposed Arrangement and has neither approved nor disapproved the contents of this
news release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE
Meridian Mining S.E.
View original content: http://www.newswire.ca/en/releases/archive/August2017/21/c8526.html
%SEDAR: 00040264E
For further information:
For more information please contact visit the Company's website at www.meridianmining.co or contact: Fiona Grant Leydier,
416-848-9851, [email protected]
CO: Meridian Mining S.E.
CNW 14:24e 21-AUG-17