2 August
2022
ALTONA RARE EARTHS
PLC
(“Altona” or “the Company”)
DIRECTORATE
CHANGE
Altona (AQSE: ANR.PL), a mining exploration company focused on
the evaluation, acquisition and development of Rare Earth Elements
(“REE”) mining projects in Africa,
announces that Simon Tucker
(Non-Executive Director) has decided to leave the Board to focus on
other interests.
Christian Taylor-Wilkinson,
Chief Executive of Altona, commented, “I would like to thank
Simon for his tireless work to support the management of Altona
over the last 18 months as the company has successfully evolved
from a dormant shell into a vibrant company focused on the
exploration of rare earths mining assets in Africa.
“With the company now at an exciting stage with the significant
progress we have made developing our Monte Muambe Project in
Mozambique, we will, in due
course, look to further strengthen the Board with relevant
experience, to help us extract maximum value from this and other
assets for shareholders. Our immediate priority, however, is to
complete a fund raise and the LSE listing, which we expect will be
in September.”
For more information on Altona and its current mining projects
please visit: www.altonaRE.com
-ends-
Altona Rare Earths Plc
Christian Taylor-Wilkinson, Chief
Executive
+44 (0) 7795 168 157
Martin Wood, Non-Executive
Chairman
+44 (0) 7880 787 080
Alfred Henry Corporate Finance Ltd (AQSE Corporate
Adviser )
Jon Isaacs / Nick
Michaels
+44 (0) 20 3772 0021
Optiva Securities (Broker)
Daniel
Ingram
+44 (0) 20 3411 1882
About Altona Rare Earths Plc
Altona is a mining exploration company focused on the
evaluation, development and extraction of Rare Earth Element (REE)
metals in Africa. It owns a REE mining project in
Mozambique; the Monte Muambe
Project, a significant Light REE mining project in the northwest of
the country, where exploration work commenced on 1 October 2021. Resource Drilling commenced in
April 2022 and it will publish a
maiden Resource Estimate in Q1 2023. The Company is in the process
of investigating other REE opportunities in Africa.
.