– UK – Armadale Capital Plc (AIM: ACP), the AIM quoted investment company focused on natural resource projects in Africa, is pleased to announce that it has appointed Nicholas Johansen to the Board as Non-Executive Director with immediate effect. Mr Johansen, an Australian national, is currently Director and Partner of Cozens Johansen Lawyers which specialises in resources and energy law as well as commercial and corporate law. The Board anticipates that his extensive knowledge and experience in the mining sector will be highly beneficial following the Company’s acquisition of the high grade Mahenge Liandu Graphite Project in south-east Tanzania in July 2016.
Mr Johansen has extensive experience in junior mining exploration and producing companies in many different commodities. He is also an expert on environmental regulation. Prior to forming his own legal practice in March 2015, he worked for Ward Keller, a Darwin based law firm with whom he completed his Graduate Diploma of Legal Practice at Australian National University. He also holds a BA in economics from the University of Adelaide.
William Frewen, Chairman of Armadale, said, “Nick has a strong background in mining, which we believe will prove enormously helpful as we continue to develop the Mahenge Liandu Graphite Project. Recent results from Mahenge Liandu have been encouraging, with the first drilling results highlighting extended high grade graphite mineralisation.”
About Armadale Capital
Armadale Capital Plc is focused on investing in and developing a portfolio of investments, targeting the natural resources and/or infrastructure sectors in Africa. The Company, led by a team with operational experience and a strong track record in Africa, has a strategy of identifying high growth businesses where it can take an active role in their advancement.
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