SOURCE: Anglo Pacific Group PLC

May 26, 2015 13:52 ET

Anglo Pacific Group PLC Resignation of Executive Director and Chief Investment Officer

LONDON, UNITED KINGDOM--(Marketwired - May 26, 2015) - The Board of Anglo Pacific Group PLC (TSX: APY) (LSE: APF) (the "Company") announces that Mr. Mark Potter has tendered his resignation as Executive Director and Chief Investment Officer with the Company to pursue a career in asset management. His resignation is effective from May 31, 2015. The Board wishes to thank Mark for his contributions to the Company and wishes him every success in his new role.

Juan Alvarez, the current Group Mining Analyst, will be appointed as Head of Investments going forward.

Julian Treger, Chief Executive Officer, commented:

"Mark leaves us with a more diverse portfolio of royalties and a strong pipeline of opportunities. He has developed an experienced in house team who will take over the day to day running of investments, supported by our wider finance and legal teams. We wish him well for the future."

Notes to Editors

About Anglo Pacific
Anglo Pacific Group PLC is a global natural resources royalty company. The Company's strategy is to develop a leading international diversified royalty company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.

Contact Information

  • For further information:

    Anglo Pacific Group PLC
    Mike Blyth - Chairman
    Julian Treger - Chief Executive Officer
    +44 (0) 20 3435 7400

    BMO Capital Markets Limited
    Neil Haycock / Tom Rider
    +44 (0) 20 7664 8121

    Macquarie Capital (Europe) Limited
    Ken Fleming / Ariel Tepperman / Nicholas Harland
    +44 (0) 20 3037 2000

    Peel Hunt LLP
    Matthew Armitt / Ross Allister
    +44 (0) 20 7418 8900

    Bell Pottinger
    Nick Lambert / Lorna Cobbett
    +44 (0) 20 3772 2500