Resource Mining Corporation appoints Andrew Nesbitt as CEO

SYDNEY, AUSTRALIA: Resource Mining Corporation Limited (ASX:RMI) announced the appointment of Andrew Nesbitt to the role of Chief Executive Officer commencing 16 January 2023.

Andrew Nesbitt is a qualified mining engineer and is currently a consultant to RiverFort Global Capital Ltd and a Director of AIM listed RiverFort Global Capital Plc, a specialist provider of financing to junior companies.

He holds a BSc (Eng) Mining and an MBA and has over 25 years of experience in the natural resources sector. He has held various production and technical roles with both De Beers and Goldfields and has carried out a number of feasibility studies across the world with the leading technical consulting group SRK.

In addition, Andrew Nesbitt is an experienced investor, having previously worked as a partner and portfolio manager for Craton Capital Pty Limited, a global precious metals fund with over US$400 million of assets under management.

As CEO for Resource Mining Corporation, Andrew will be fully leveraging this rich set of experiences to progress exploration and enhance the value of the Company’s exciting project portfolio covering Tanzania and Finland, as well as managing funding programs and overseeing the listed company.

Executive Chairman, Asimwe Kabunga said: “RMI is excited to have someone of Andrew’s calibre in this role. His broad and unique skill set covering technical and financial aspects makes him very well suited to progress the Company.

Resource Mining Corporation has grown in scope recently to include three Finnish lithium and nickel projects to our Tanzanian nickel portfolio, and we think any one of the projects could be a company maker. We look forward to Andrew putting a systematic strategy in place to derive full value from the assets for investors.”

Andrew Nesbitt commented: “I am honoured and thrilled to have the opportunity to lead this team, and to have the chance to work on such an exciting portfolio of projects. RMC has an unusually large number of very prospective targets, focusing on high value, high demand battery commodities. My experience sets me up well to oversee the advancement of each asset in a logical approach, and I look forward to getting started in the new year.”

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