DIDCOT, UNITED KINGDOM / ACCESSWIRE / June 22, 2020 / Altus Strategies Plc (AIM:ALS)(TSXV:ALTS) (‘'Altus'' or the ‘'Company''), the mining royalty company generating a diversified and precious metal focused portfolio of assets through discovery, investment and acquisition, announces the appointment of Alister Hume as Business Development Manager, with immediate effect.
Mr. Hume will play an integral role for the Company in evaluating and progressing the growing number of potential royalty and project transactions under review. His appointment follows the recent approximately £6.5 million (C$11.2 million) investment by La Mancha Holding S.à r.l. ("La Mancha"), where it acquired a 35.45% stake in Altus. The strategic investment by La Mancha has significantly strengthened the Company's financial position and is enabling Altus to accelerate its growth plans.
Mr. Hume is an experienced investment and business development manager with over a decade of expertise working in private equity and capital markets in the natural resources industry. He has gained international exposure through his roles at Morgans, The Sentient Group and KoBold Metals. He previously held board positions for East Africa Copper Ltd and Meridian Mining S.E. (TSXV: MNO) and holds a Bachelor of Commerce (Finance and Accounting) from Sydney University.
Steven Poulton, Chief Executive of Altus, commented:
"We are delighted to welcome Alister to the team. His appointment reflects our strong growth ambitions and the significant increase in our pipeline of opportunities under review, which is a consequence of La Mancha's strategic investment. Alister has accumulated expertise in project evaluation and transactions from his previous roles in highly respected resource asset management and private equity firms, which will no doubt be invaluable to us. His skills will immediately enhance our ability to review royalty, project and other transaction opportunities. Alister has hit the ground running and is already reviewing a number of potential deals and as such we look forward to updating the market on our progress in due course."
For further information you are invited to visit the Company's website www.altus-strategies.com or contact:
Altus Strategies Plc Steven Poulton, Chief Executive | Tel: +44 (0) 1235 511 767 |
SP Angel (Nominated Adviser) Richard Morrison / Soltan Tagiev | Tel: +44 (0) 20 3470 0470 |
SP Angel (Broker) Abigail Wayne / Richard Parlons | Tel: +44 (0) 20 3470 0471 |
Yellow Jersey PR (Financial PR & IR) Georgia Colkin / Charles Goodwin / Henry Wilkinson | Tel: +44 (0) 20 3004 9512 |
About Altus Strategies Plc
Altus Strategies is a London (AIM: ALS) and Toronto (TSX-V: ALTS) listed mining royalty company generating a diversified and precious metal focused portfolio of assets. The Company's focus on Africa and differentiated approach, of generating royalties on its own discoveries as well as through financings and acquisitions with third parties, has attracted key institutional investor backing. The Company engages constructively with all stakeholders, working diligently to minimise its environmental impact and to promote positive economic and social outcomes in the communities where it operates. For further information, please visit www.altus-strategies.com.
Cautionary Note Regarding Forward-Looking Statements
Certain information included in this announcement, including information relating to future financial or operating performance and other statements that express the expectations of the Directors or estimates of future performance constitute "forward-looking statements". These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programmes on schedule and the success of exploration programmes. Readers are cautioned not to place undue reliance on the forward-looking information, which speak only as of the date of this announcement and the forward-looking statements contained in this announcement are expressly qualified in their entirety by this cautionary statement.
Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. The forward-looking statements contained in this announcement are made as at the date hereof and the Company assumes no obligation to publicly update or revise any forward-looking information or any forward-looking statements contained in any other announcements whether as a result of new information, future events or otherwise, except as required under applicable law or regulations.
TSX Venture Exchange Disclaimer
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
Market Abuse Regulation Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR") until the release of this announcement.
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SOURCE: Altus Strategies PLC
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