Davenport Resources: European-Based Executive Joins Board as Potash Resource Development Accelerates

Davenport Resources: European-Based Executive Joins Board as Potash Resource Development Accelerates

ID: 585998

(firmenpresse) - European-Based Executive Joins Board as Potash Resource Development Accelerates

- Dr Reinout Koopmans appointed as Independent Non-Executive Director
- Dr Koopmans brings significant experience in European capital markets - including Germany - to Davenports board
- Strategic appointment as Davenport accelerates development of its South Harz potash project
- Mr Chris Bain to retire from role of Non-Executive Director

Davenport Resources (ASX:DAV) (Davenport or the Company) is pleased to announce the appointment of Dr Reinout Koopmans as an Independent Non- Executive Director, effective 8 January 2019.

The appointment strengthens the Companys commercial position and deepens its German business experience as Davenport accelerates development of its major potash resource.

Dr Koopmans spent 15 years in investment banking, based in London. He was responsible globally for public equity raising for natural resource companies at Deutsche Bank and he led the European equity capital markets team at Jefferies International. In the 1990s, Reinout was a management consultant with McKinsey & Co in Germany and South-East Asia. He has significant business experience in Germany. Reinout has a PhD and Masters degree from the London School of Economics, and a degree from Erasmus University, Rotterdam.

Davenport Chairman, Patrick McManus said: I am delighted to welcome Reinout to the Board of Davenport. As we continue to develop the South Harz potash project, Reinouts experience with German and European capital markets will be invaluable.

Concurrently Mr Chris Bain will retire from his role as Non-Executive Director. Mr Bain has been a Director of Davenport since 12 November 2015 and was instrumental in restructuring the company to list on the ASX with the South Harz project.

Mr McManus commented: Chris was a key contributor in listing Davenport and has been a major part of the executive group. The Board would like to thank Chris for his input and guidance and wish him well in his future endeavours.





Respective Appendix 3X & 3Z are attached.

COMPANY DETAILS
Davenport Resources Limited ABN: 64 153 414 852
ASX CODE: DAV
ASX CODE (Options): DAVO
FRANKFURT CODE: A2DWXX

PRINCIPAL AND REGISTERED OFFICE
(& Postal Address) Davenport Resources Limited Level 1,
675 Murray Street West Perth WA 6005 PO Box 108
West Perth WA 6872

W: www.davenportresources.com.au E: info(at)davenportresources.com.au P: +61 (08) 6145 0291


Capital Structure 143.1M Ordinary shares 34.4M Listed Options 16.6M Unlisted Options 6.2M Performance Rights

BOARD OF DIRECTORS
Patrick McManus
(Non-Executive Chairman) Dr Chris Gilchrist (Managing Director)
Rory Luff
(Non-Executive Director) Reinout Koopmans (Non-Executive Director)

INVESTOR & MEDIA ENQUIRIES
Dr Chris Gilchrist - Managing Director Davenport Resources Ltd
+353 41 988 3409
+353 87 687 9886
cgilchrist(at)davenportresources.com.au


David Tasker - Managing Director Chapter One Advisors
+61 (0) 433 112 936
dtasker(at)chapteroneadvisors.com.au

Paul Cahill - Managing Director Bacchus Capital Advisers Ltd
+ 44 (0) 203 848 1643
paul.cahill(at)bacchuscapital.co.uk

Please find the whole press release under the following link: https://www.asx.com.au/asxpdf/20190108/pdf/441qr5b71d92m0.pdf


Unternehmensinformation / Kurzprofil:
Leseranfragen:





Bereitgestellt von Benutzer: irw
Datum: 08.01.2019 - 10:03 Uhr
Sprache: Deutsch
News-ID 585998
Anzahl Zeichen: 3666

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