28 April 2023
Tungsten West Plc
("Tungsten West", the "Company" or the "Group")
Management Change
Tungsten West today announces that James McFarlane has resigned and will step down as Managing Director with immediate effect. James was formerly Mining Technical Services Manager at Hemerdon, under Wolf Minerals, and then re-joined the operation for Tungsten West as Technical & Operations Director before being promoted to Managing Director in February 2022.
Since his return to Hemerdon, James has played a key role in the IPO process and completed two feasibility studies either side of a successful re-engineering project. He has been instrumental in assembling a world-class team which has put the project firmly on the path to production.
Over the next three months, James will remain with the Company to support permitting and funding activities.
Neil Gawthorpe, CEO of Tungsten West, commented: "On behalf of the Board and entire Tungsten West team, I would like to thank James for his contribution to the Company and the role he has played in our progress towards re-starting operations at Hemerdon. We wish him all the best in his return to consultancy."
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014 as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019.
Ends
For further information, please contact:
Enquiries
| Tungsten West Neil Gawthorpe/ Nigel Widdowson Tel: +44 (0) 1752 278500
| Strand Hanson (Nominated Adviser and Financial Adviser) James Spinney / James Dance / Abigail Wennington Tel: +44 (0) 207 409 3494 |
| BlytheRay (Financial PR) Tim Blythe / Megan Ray Tel: +44(0) 20 7138 3204 Email: tungstenwest@blytheray.com
Hannam & Partners (Joint Broker) Andrew Chubb / Matt Hasson / Jay Ashfield Tel: +44 (0)20 7907 8500 | VSA Capital Limited (Financial Adviser and Joint Broker) Andrew Raca / Andrew Monk Tel: +44 (0)20 3005 5000
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