North River Resources plc, the AIM quoted resource company focused on the Namib Lead-Zinc Project in Namibia, has appointed Rod Beddows as independent Non-Executive Chairman of the Company with immediate effect.
Dr. Beddows has over 35 years of experience as a strategy consultant and corporate finance adviser, specialising in the metals sector. He is the Non-Executive Chairman of AIM quoted company, ZincOx Resources plc, a zinc miner and developer of an improved technology for processing electric arc furnace (“EAF”) dust. Dr. Beddows is also a Senior Adviser to HCF International Advisers Ltd. (“HCF”), an independent corporate finance advisory boutique focused on the metals and mining sectors. Dr. Beddows co-founded HCF in 2003. He joined Hatch Ltd in 1998 following the sale to Hatch Ltd of Beddows & Co, a strategy consultancy he founded in 1987. He also holds numerous directorships of private companies and is a Senior Adviser to RBC Capital Markets for the Global Steel Industry.
Dr. Beddows has a DBA Administration Systems from Harvard University and from 1978 to 1979 was a Visiting Senior Research Fellow at Harvard Business School.
As previously announced, the appointment of a new Non-Executive Chairman means Brett Richards, who held the role of interim Non-Executive Chairman until today, will retire from the Board with immediate effect.
Commenting on the appointment of Dr. Beddows and the resignation of Mr. Richards, James Beams, Chief Executive Officer, said: “On behalf of the Board, I am very pleased to welcome Rod Beddows as our new Chairman. Rod’s deep knowledge and experience of the metals and mining sectors will be invaluable as we progress our Namib Project forward, which represents the first step towards building a broader mining company.
“The Company would also like to express its gratitude to Brett Richards who, following the announcement in July this year of his intention to step down from the Board, has stayed on as interim Chairman through the recent interim fundraising, and until Rod’s appointment today.”
