AI assistant
ILIKA PLC — Board/Management Information 2020
Apr 20, 2020
7701_mang_2020-04-20_27bf48ce-4b71-45e3-8cdf-0e8687449887.html
Board/Management Information
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information
RNS Number : 0762K
Ilika plc
20 April 2020
Ilika plc
("Ilika" or the "Company")
CEO appointed as NED of Bacanora Lithium plc
Ilika (AIM: IKA), a pioneer in solid-state battery technology, is pleased to announce that Graeme Purdy, Ilika's Chief Executive Officer, in addition to his executive responsibilities at Ilika, has been appointed with immediate effect as a Non-Executive Director ("NED") to the board of Bacanora Lithium plc ("Bacanora") (AIM: BCN), a lithium exploration and development company.
Bacanora owns lithium assets in Mexico and Germany. It is currently focused on building, in collaboration with its major shareholders and offtake partners, Ganfeng Lithium and Hanwa Corporation, some of the world's largest lithium metals producers and lithium chemical traders, a 35,000 tonne per annum open pit lithium carbonate (Li2CO3) operation at its flagship asset, the Sonora Lithium Project in Mexico. The Sonora Lithium Project has 8.8 million tonnes of lithium carbonate equivalent resources, with an approximate 250-year resource life.
Ilika's CEO Graeme Purdy, stated: "As Ilika scales up its technology and moves from a development into a manufacturing phase, Ilika's board believes it is important Ilika has a detailed insight into the global lithium ion battery supply chain. Given the exciting developments at Ilika, I intend to limit myself to one NED role and we believe this NED position at Bacanora will offer important insights into the dynamics and relationships of the lithium market, ensuring the role benefits both companies."
| For more information contact: Ilika plc |
www.ilika.com |
| Graeme Purdy, Chief Executive | Via Walbrook PR |
| Steve Boydell, Finance Director | |
| Liberum Capital Limited | Tel: 020 3100 2000 |
| Andrew Godber, Cameron Duncan, William Hall, Nikhil Varghese | |
| Walbrook PR Ltd | Tel: 020 7933 8780 / [email protected] |
| Tom Cooper | Mob: 0797 122 1972 |
| Lianne Cawthorne | Mob: 07584 391 303 |
| Nick Rome | Mob: 07748 325 236 |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
END
BOASFUFEWESSELL