London, England, Newfoundland and Labrador, Canada - Rambler Metals and Mining plc (AIM: RMM) ( Rambler or the Company ), a copper and gold producer, explorer, and developer, advises that effective immediately, Mr Eason Chen has been appointed Chief Financial Officer ( CFO ) for the Company and all its subsidiaries on a full-time basis. Mr Chen has served on the board of Rambler for the past eight years as a non-executive director and with his appointment as CFO, he will transition to an executive director role. The Compensation, Governance and Nomination Committee has embarked on a search for new independent directors to fill the posts recently vacated by Glenn Poulter and Eason Chen. Announcements on these appointments will be made in due course.
London, England, Newfoundland and Labrador, Canada - Rambler Metals and Mining plc (AIM: RMM) ( Rambler or the Company ), a copper and gold producer, explorer, and developer, has today issued a total of 3,833,779 new ordinary shares of 0.01p each ( Ordinary Shares ) ( Additional Shares ) and attached warrants over 191,689 new ordinary shares of the Company ( Additional Warrants ) to Lombard Odier, CE Mining III Rambler Limited ( CE Mining III ) and Aether Real Assets Co-Investment I, L.P ( Aether ) (altogether Creditors ) pursuant to the financing announced by the Company on 13 November 2020 and completed on 8 December 2020 ( Financing ) . Terms defined in this announcement are, unless otherwise indicated, the same as those used in the announcement by the Company on 13 November 2020. An exchange rate of US$1.32 per £1 has been used.