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Altona Rare Earths Plc - Appointment of Chief Operating Officer

·2-min read

14 July 2021

ALTONA RARE EARTHS PLC

(“Altona” or “the Company”)

APPOINTMENT OF CHIEF OPERATING OFFICER

Altona (AQSE: ANR), a mining exploration company focused on the evaluation, development and extraction of rare earth elements (“REE”) in Africa, is pleased to announce the appointment of Cédric Simonet as its Chief Operating Officer (“COO”) with immediate effect.

Cédric has been a non-Executive Director of Altona since his appointment on 24 December 2020 and, prior to this, worked with the Company in his capacity as Consultant Geologist since July 2020. His full biography can be found on the Company’s website.

He is a French national who graduated from Universite Blaise Pascal with a Masters in Geology in 1995, and from Universite de Nantes with a PHD in Geology in 2000. Cédric has spent the past 25 years living and working as a geologist in Africa. He served as Chairman of Kenya Chamber of Mines, an advocacy body representing the mineral industry in Kenya, between 2010 and 2011, and again between 2017 and 2019. He holds the European Geologist title and is qualified to act as a Competent Person / Qualifies Person over a wide range of mineral projects.

Christian Taylor-Wilkinson, Chief Executive of Altona, commented, “With the acquisition last month of our first rare earths mining asset in Mozambique, we now need to put in place an operational structure to ensure the exploration work we are shortly to embark upon is done quickly and accurately.

“Cédric, being instrumental in much of the deal work we are currently undertaking, is the natural choice to run Altona’s operational activities in Africa. His many years of in-country experience provides him with the local knowledge and contacts’ network to ensure the project teams we appoint to carry out our work, are of the highest calibre. As COO, he has a remit to oversee all project work, starting with Monte Muambe, where we expect to commence phase 1 drilling by the end of September.”

-ends-

For further information, please visit www.altonaenergy.com or contact:

Altona Rare Earths Plc

Christian Taylor-Wilkinson, Chief Executive +44 (0) 7795 168 157

Martin Wood, Non-Executive Chairman +44 (0) 7880 787 080

Alfred Henry Corporate Finance Ltd (AQSE Corporate Adviser )

Jon Isaacs / Nick Michaels +44 (0) 20 3772 0021

Company Information

Altona Rare Earths Plc is a mining exploration company focused on the evaluation, development and extraction of Rare Earth Element (REE) metals in Africa.

The Company was admitted to trading on AIM on 10 March 2005 and was subsequently admitted to Aquis Stock Exchange on 1 February 2019. A copy of its Admission documents dated 4 March 2005 can be accessed on its website, www.altonaenergy.com. This website is where items can be inspected under Rule 75 of the Aquis Rules for Issuers. A new Company website is currently under construction at www.altonaRE.com

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