– AUSTRALIA, Sydney – Metminco Limited (ASX/AIM:MNC) is pleased to announce the appointment of Mr. Ram Venkat as a Non-Executive Director of the Company effective 20 March 2017. Mr Venkat was nominated by Metminco’s shareholder, Redfield Asset Management Pty Limited.

Mr. Venkat is a seasoned capital markets executive who has worked across the Investment Banking, Equity Capital Markets, Mergers & Acquisitions and multi-asset Structuring groups at several global investment banks. Most recently, Ram was a Director at a leading Australian investment bank, and prior to that Citigroup Global Markets where he was responsible for structuring funding solutions and providing capital structuring advice to corporate clients.

Mr Venkat’s career has focused on helping companies navigate through complex and evolving landscapes of risk, including strategic, growth, funding/capital, acquisition and market-related. He is passionate about helping businesses achieve their strategic objectives and brings an extensive global network to help the Company achieve its goals.

Ram has an undergraduate BASc degree in Electrical & Computer Engineering from the University of Toronto, and an M.B.A. from the Rotman School of Management at the University of Toronto (summa cum laude).

Ram combines the knowledge and skillset of an engineer, his extensive experience in investment banking and his record of working with companies to achieve sustainable profitability, coupled with his experience in financial structuring and corporate oversight, to bring valuable and differentiated skills to the board room.

Metminco Chairman, Phillip Wing said, “We are delighted to welcome Ram to the Board of Metminco. Ram’s experience in the capital markets combined with a strong engineering background will enable Ram to make a very valuable contribution to the Board.”

Commenting on his appointment, Ram Venkat said, “I am pleased to be joining the Board at this important time in Metminco’s development and to have the opportunity to contribute within a sector of great interest to me. As nominee of the shareholder with a significant interest of approximately 8.62%, our interests are aligned with the Company’s other shareholders and I am committed to the Company’s strategy of transitioning into a near term gold producer and a successful mid-tier mining company in the longer term.”

For more information : http://www.metminco.com.au

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