Rambler Metals and Mining plc CEO
18.11.2013 | Marketwired
London (Marketwired - Nov. 18, 2013), England & Baie Verte, Newfoundland and Labrador - Rambler Metals and Mining plc, a Newfoundland copper and gold producer, explorer and developer (TSXV: RAB, AIM: RMM) ("Rambler" or "the Company") today announces that Mr. George Ogilvie has been appointed as the Chief Executive Officer for Kirkland Lake Gold Inc, with immediate effect.
Mr. Ogilvie will continue in his current position as President and Chief Executive Officer for Rambler.
George Ogilvie, President and CEO of Rambler, commented:
"I remain totally committed to Rambler and, supported by an extensive and highly skilled management team, will continue to take the necessary action required to drive the business forward delivering long term shareholder value. It remains very much business as usual for Rambler."
For further information, please contact
George Ogilvie, P.Eng.
President and CEO
Rambler Metals and Mining
Tel No: 709-800-1929
Tel No: 709-800-1921
Rambler Metals and Mining plc
Corporate Office
Tel No: +44 (0) 20 8652-2700
Fax No: +44 (0) 20 8652-2719
Stewart Dickson / Jeremy Stephenson
Guy Wilkes
Cantor Fitzgerald Europe
Ocean Equities Limited
Tel No: +44 (0) 20 7894 7000
Tel No: +44 (0) 20-7786-4370
Tim Blythe/Halimah Hussain
Blythe Weigh Communications
Tel No: +44 (0) 20 7138 3204
Website: www.ramblermines.com
Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward Looking Statements:
Certain information included in this press release, including information relating to future financial or operating performance and other statements that express the expectations of management or estimates of future performance constitute "forward-looking statements". Such forward-looking statements include, without limitation, statements regarding copper, gold and silver forecasts, the financial strength of the Company, estimates regarding timing of future development and production and statements concerning possible expansion opportunities for the Company. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief are based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, the price of and anticipated costs of recovery of, copper concentrate, gold and silver, the presence of and continuity of such minerals at modeled grades and values, the capacities of various machinery and equipment, the availability of personnel, machinery and equipment at estimated prices, mineral recovery rates, and others. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, interpretation and implications of drilling and geophysical results; estimates regarding timing of future capital expenditures and costs towards profitable commercial operations. Other factors that could cause actual results, developments or events to differ materially from those anticipated include, among others, increases/decreases in production; volatility in metals prices and demand; currency fluctuations; cash operating margins; cash operating cost per pound sold; costs per ton of ore; variances in ore grade or recovery rates from those assumed in mining plans; reserves and/or resources; the ability to successfully integrate acquired assets; operational risks inherent in mining or development activities and legislative factors relating to prices, taxes, royalties, land use, title and permits, importing and exporting of minerals and environmental protection. Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and the Company does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise, except as required under applicable law.
Mr. Ogilvie will continue in his current position as President and Chief Executive Officer for Rambler.
George Ogilvie, President and CEO of Rambler, commented:
"I remain totally committed to Rambler and, supported by an extensive and highly skilled management team, will continue to take the necessary action required to drive the business forward delivering long term shareholder value. It remains very much business as usual for Rambler."
For further information, please contact
George Ogilvie, P.Eng.
President and CEO
Rambler Metals and Mining
Tel No: 709-800-1929
Tel No: 709-800-1921
Rambler Metals and Mining plc
Corporate Office
Tel No: +44 (0) 20 8652-2700
Fax No: +44 (0) 20 8652-2719
Stewart Dickson / Jeremy Stephenson
Guy Wilkes
Cantor Fitzgerald Europe
Ocean Equities Limited
Tel No: +44 (0) 20 7894 7000
Tel No: +44 (0) 20-7786-4370
Tim Blythe/Halimah Hussain
Blythe Weigh Communications
Tel No: +44 (0) 20 7138 3204
Website: www.ramblermines.com
Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward Looking Statements:
Certain information included in this press release, including information relating to future financial or operating performance and other statements that express the expectations of management or estimates of future performance constitute "forward-looking statements". Such forward-looking statements include, without limitation, statements regarding copper, gold and silver forecasts, the financial strength of the Company, estimates regarding timing of future development and production and statements concerning possible expansion opportunities for the Company. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief are based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, the price of and anticipated costs of recovery of, copper concentrate, gold and silver, the presence of and continuity of such minerals at modeled grades and values, the capacities of various machinery and equipment, the availability of personnel, machinery and equipment at estimated prices, mineral recovery rates, and others. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, interpretation and implications of drilling and geophysical results; estimates regarding timing of future capital expenditures and costs towards profitable commercial operations. Other factors that could cause actual results, developments or events to differ materially from those anticipated include, among others, increases/decreases in production; volatility in metals prices and demand; currency fluctuations; cash operating margins; cash operating cost per pound sold; costs per ton of ore; variances in ore grade or recovery rates from those assumed in mining plans; reserves and/or resources; the ability to successfully integrate acquired assets; operational risks inherent in mining or development activities and legislative factors relating to prices, taxes, royalties, land use, title and permits, importing and exporting of minerals and environmental protection. Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and the Company does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise, except as required under applicable law.