ROCKFIRE RESOURCES PLC

Board/Management Information • May 1, 2019

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RNS Number : 7142X

Rockfire Resources PLC

01 May 2019

1 May 2019

Rockfire Resources plc

("ROCK", "Rockfire" or "the Company")

Appointment of Non-executive Director

Rockfire Resources plc (LON: ROCK), the gold and base metal-focused resource company, is pleased to announce the appointment of Mr Nicholas Walley as a Non-executive Director of the Company, effective immediately. 

Mr Walley has a business background spanning multiple industries including agriculture, property, construction, plant hire, food and beverage packaging, leisure and charitable work. Importantly, Nicholas has critical skills in logistics, infrastructure, organisational management and sales. The Board believes Mr Walley's personal success in business and his knowledge and experience with the UK legal requirements will benefit Rockfire in its growth plans.

Nicholas Walley, incoming Non-executive Director of Rockfire commented;

"I am extremely honoured to be invited by the Board to become a Non-executive Director of Rockfire and thank them for the opportunity. In performing my new role, I would like to reinforce Rockfire's strategy to build long-term shareholder value, based on growth through exploration success and prudent acquisition of projects with high-increase potential. I look forward to working with the Rockfire team and to contributing to the successful expansion and financial success of the Company going forward. Our aim is to develop new opportunities, designed to add material value to the Company and therefore, to benefit all shareholders."

David Price, Chief Executive Officer of Rockfire commented; 

"With his very successful background in property and construction, Nicholas brings a wealth of commercial, financial and project development skills to Rockfire. As our largest shareholder, Nicholas has accumulated just under a 12% shareholding in Rockfire, which not only shows confidence in the Company through his financial commitment, but now demonstrates his corporate commitment as well".

"One of the key areas Nicholas will assist Rockfire with is our project development strategy. Rockfire has been actively assessing new, more advanced opportunities globally and we have reviewed many projects throughout Australia, North America and Europe. Nicholas will play a key role in project assessment and suitability for Rockfire, commercial negotiation of terms and will contribute to the strategic direction of the Company."

"We welcome Nicholas as a Non-executive Director. The Rockfire Board now has a broad range of skill-sets to apply towards the management and future growth of Rockfire."

AIM Rules Disclosures

Nicholas Adam John Walley, aged 58, is beneficially interested in 51,465,800 ordinary shares in Rockfire, equivalent to 11.9% of the Company's issued ordinary share capital. Mr Walley is, or has during the last five years been, a director or partner of the following companies and partnerships:

Current directorships/partnerships	Past directorships/partnerships
Puvis Limited	None

N & J Tractor & Plant (Hire & Sales) Limited, a company of which Nicholas Walley was a director, entered into a creditors' voluntary liquidation approximately 16 years ago in September 2003 and was later dissolved in August 2007.

For further information on the Company, please visit www.rockfireresources.com or contact the following: 

Rockfire Resources plc	Email: info@rockfireresources.com
David Price, Chief Executive Officer
Allenby Capital Limited (Nominated Adviser)	Tel: +44 (0) 20 33 285 656
John Depasquale/ Asha Chotai
First Equity Limited (Joint Broker)	Tel: +44 (0) 20 73 742 212
Jason Robertson
SI Capital (Joint Broker)	Tel: +44 (0) 1 483 413 500
Nick Emerson

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