SOURCE: EMED Mining Public Limited

July 09, 2015 02:00 ET

EMED Mining Public Limited Announces Management Update

NICOSIA, CYPRUS--(Marketwired - Jul 9, 2015) - EMED Mining Public Limited (TSX: EMD) (AIM: EMED)

EMED Mining Public Limited

("EMED or the "Company")

Management Update

EMED Mining Public Limited (LSE: EMED; TSX: EMD), the Europe-based minerals development and exploration company, announces that Mr. John Leach, the Company's Chief Financial Officer will leave the Company following the AGM on 29 July 2015 one month before the end of his agreed contract term.

Having successfully completed the £64.9 million financing package which ensures that the Company is fully funded to commence and expand production to 7.5Mtpa, Mr. Leach has decided to focus on new opportunities.

EMED's finance function will be overseen by David Carrasco, CFO of EMED Tartessus, and George Hadjineophytou, Group Financial Controller on an interim basis while the Board considers all replacement options.

Alberto Lavandeira, CEO of the Company, commented: "I would like to thank John for all his help. He was instrumental in ensuring that the Company always had sufficient funding in place and has been a valued member of the Company since it came to the market. We wish him well in his future endeavours."

This information is provided by RNS
The company news service from the London Stock Exchange

Contact Information

  • EMED
    Roger Davey/Alberto Lavandeira
    +34 959 59 28 50

    Canaccord Genuity Limited (Corporate Broking)
    Henry Fitzgerald-O'Connor
    Oliver Donaldson
    +44 207 523 8000

    Brandon Hill Capital
    Oliver Stansfield
    +44 203 463 5061

    Walbrook PR
    Nick Rome
    +44 207 933 8783