9 May 2022

Technology Minerals Plc

("Technology Minerals" or the "Company")

Appointment of Chief Financial Officer

Technology Minerals Plc (LSE: TM1), the first UK company focused on creating a sustainable circular economy for battery metals, is pleased to announce the appointment of James Cable as a director and Chief Financial Officer ("CFO") of the Company with immediate effect.

James has extensive experience of investment evaluation and financial transformation across several industries, including 28 years in natural resources. Qualifying as a chartered accountant at Turquands Barton Mayhew & Co (now Ernst & Young), James has curated a strong background in natural resources with international experience in mining, oil and gas, construction, and other industries. James also has a strong background in public markets including fundraising, M&A and corporate strategy.   

James has held senior positions across a variety of companies, including roles as Finance Director at AIM listed Alien Metals Limited (formerly Arian Silver Corporation) followed by serving as a non-executive director, and AIM listed Kopane Diamond Developments Plc until it was acquired by AIM listed Firestone Diamonds Limited. In addition, James was previously Finance Director at Mantle Diamonds Limited, before it was acquired by ASX listed Kimberley Diamonds Limited. Early in his career, James spent more than 10 years at Mobil Oil Corporation (now ExxonMobil).

Most recently, James has held the position of director and part-time CFO at GemRock Company Limited, an exploration and mining company with assets in Mozambique, where he has been integral to the fundraise of $27 million from private investors, overseeing the financial activities and corporate governance of the company.

Robin Brundle, Chairman of Technology Minerals, said: "We are delighted to bring James on board and welcome him to the team at Technology Minerals. His considerable experience in the mining and natural resources industry as well as his vast board experience will be an asset and drive our strategic growth plans in junior mining and recycling. With a keen interest in recycling, James is enthusiastic about our twin-track strategy to create a circular economy for battery metals. We look forward to seeing James further the business as he heads up our strong accountancy team."

James Cable, Chief Financial Officer of Technology Minerals, commented: "It is great to be joining the team at Technology Minerals and progressing their vision of a circular economy for battery metals through their junior mining and battery recycling businesses. I look forward to continuing working in the natural resource sector and furthering my knowledge of and interest in recycling as Recyclus scales up their operations."

The following information is disclosed in accordance with Listing Rule 9.6.13.

James Cable holds or has held the following directorships in a publicly quoted company the past five years:

Past directorships
Alien Metals Limited (BVI) - AIM listed

James Cable was appointed a director of Blue Lias Technologies plc on 21 February 2017 at a time when the company was contemplating seeking admission to trading on AIM.  The company was a non-trading holding company for a South African development-stage technology company. He was a director of Blue Lias Technologies plc until 9 July 2019. On 25 November 2020 a court order to wind up Blue Lias Technologies plc completed.

James Cable was a director of Blue Lias Industries Limited until 9 July 2019. The company was a wholly owned subsidiary of Blue Lias Technologies Plc and was dissolved on 27 October 2020.

James Cable was a director of Primavision Limited which was placed in creditors voluntary liquidation on 10 March 2003.

Technology Minerals confirms that there is no further information to be disclosed under the requirements of Listing Rule 9.6.13 in relation to the appointment of James Cable.

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About Technology Minerals Plc

Technology Minerals is developing the UK's first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on extracting raw materials required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. With the increasing global demand for battery metals to supply electrification, the Group will explore, mine, and recycle metals from spent batteries. Further information on Technology Minerals is available at www.technologyminerals.co.uk