Ormonde Mining Plc

Board/Management Information • Aug 3, 2015

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RNS Number : 8135U

Ormonde Mining PLC

03 August 2015

3rd August, 2015

Ormonde Mining plc

("Ormonde" or "the Company")

Dr. Kerr Anderson

The Board and staff of Ormonde are deeply saddened to announce the sudden death of Dr Kerr Anderson, Managing Director of the Company. The Board wishes to extend its sympathy and condolences to Kerr's family at this very difficult time.

Statement from the Chairman of Ormonde Mining Mike Donoghue: "Kerr has been instrumental in leading the Company over the past 14 years, from being a greenfield explorer to becoming a mining company, a feat realised by just a small fraction of exploration companies.  His untimely death comes after his major recent achievement in leading the Company as it arranged a funding package to facilitate development of the Barruecopardo Project, a package which was recently approved overwhelmingly by shareholders. Kerr enjoyed the admiration and respect both of his professional colleagues and of the mining investment community in Dublin and London.  On behalf of the Board and staff of Ormonde I would like to express our deep sadness on his death, and express our sincere condolences to his family and friends. He will be dearly missed by all who knew him."  

Mr Steve Nicol, an executive director and Chief Operating Officer of Ormonde, will assume the role of acting Managing Director with immediate effect on an interim basis.

Enquiries to:

Ormonde Mining plc

Steve Nicol, COO and Interim Managing Director  Tel: +353 (0)1 8253570

Capital M Consultants

Simon Rothschild  Mob: +44 (0)7703 167065

Murray Consultants

Mark Brennock  Tel: +353 (0)1 4980300  Mob: +353 (0)87 2335923

Davy Corporate Finance (Nomad / ESM Adviser, Joint Broker and Financial Adviser)

Eugenée Mulhern / Roland French  Tel: +353 (0)1 6796363

SP Angel Corporate Finance LLP (Joint Broker)

Ewan Leggat / Katy Birkin  Tel: +44 (0)20 3 470 0470

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

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