The Board of Aminex PLC announce that an experienced management team led by Jay Bhattacherjee and Philip Thompson has agreed to join the Company in senior positions.

Jay Bhattacherjee and Philip Thompson are co-founders of Canyon Oil and Gas Ltd ("Canyon"), a private company formed in 2011 with the objective of acquiring near term, lower risk development assets and high reward exploration assets. Jay, an experienced Petroleum Engineer, was previously a key figure in the early stages and growth of TSX-V listed Longreach Oil and Gas Ventures Ltd which has a significant acreage position in Morocco. Philip, a Geophysicist, has spent more than half his 29 year oil and gas industry career directly working on projects in Africa. In 2002 he founded San Leon Energy which listed on AIM in 2008 and had grown to a market capitalisation of approximately £275 million by 2011 when he stepped down to co-found Canyon.

Jay Bhattacherjee will be appointed Chief Executive Officer of Aminex and Philip Thompson will be appointed Chief Operating Officer with immediate effect. Two other members of the Canyon team will also join Aminex.

Tags: Aminex PLC