Board Appointment

Papua Mining plc
(“Papua” or “the Company”)
Board Appointment

 The Board of Papua Mining (LON: PML), is pleased to announce the appointment of Gordon Hart as a Non-executive Director of the Company, effective immediately.

Mr Hart has over 35 years of experience in the equity capital and financial advisory markets.  He has spent the last 12 years as Managing Director of Venture Group Equities Pty. Ltd, where he advised on transactions involving over US$300 million of funding. Mr Hart is a Graduate of the Australian Institute of Company Directors and has a Graduate Diploma in Corporate Governance.

Mr Hart has a wealth of corporate knowledge, equities and finance expertise and emerging company experience to the Company, having developed an expertise in emerging resource and technology companies which will be invaluable in assisting Papua’s future development.

David Price, Chief Executive Officer of Papua Mining commented; 

 “Mr Hart is highly experienced in leading growth-oriented companies and his principle responsibility will be to help lead Papua Mining into the future as we build value through our organic development strategy for our projects in Queensland. I am delighted to work alongside Gordon, who I know will add significant and measurable corporate strength”. 

Gordon Hart, Director of Papua Mining commented; 

 “I am delighted to take on the position of Director of Papua Mining and look forward to working with David and his team to bring value to the shareholders of the Company.”

 Save for the information disclosed below, there are no further disclosures to be made in accordance with Schedule Two paragraph (g) of the AIM Rules for Companies in respect of the appointment.

For further information on the Company please visit www.papuamining.com or contact the following: