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LONDON - AIM-listed 80 Mile PLC (AIM:80M) has appointed Ingo Hofmaier to its Board of Directors as a Non-Executive Director, effective Monday, according to a company press release.
Hofmaier, who currently serves as Chief Financial Officer of NYSE-listed Lifezone Metals (NYSE:LZM), brings 25 years of experience in corporate finance, investment banking, and corporate development in the mining sector. He will chair the company’s Audit Committee and join its Nomination Committee.
The new board member previously held executive positions at several mining companies, including serving as Chief Executive Officer of Omico Mining Corp and Chief Financial Officer of SolGold (LSE:SOLG). He also worked as a Non-Executive Director at First Tin (LSE:LON:1SN), where he chaired the Audit and Remuneration Committee.
Prior to his executive roles, Hofmaier spent seven years as Partner and Head of Mining at London-based merchant bank Hannam & Partners, advising junior mining companies. He began his career at Rio Tinto (NYSE:RIO) after eight years with Austrian building materials group Wienerberger (VIE:WBSV) AG.
"He brings a wealth of experience in the mining industry, both as a corporate finance advisor, as well as at executive level at a number of public and private mining companies," said Eric Sondergaard, Managing Director of 80 Mile.
80 Mile PLC operates mineral and energy projects in Greenland and a biofuels plant in Italy. The company is listed on AIM, the Frankfurt Stock Exchange, and the U.S. OTC Market.
According to the announcement, Hofmaier holds 10,853,985 shares in 80 Mile as of his appointment date.
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