Harena Rare Earths Plc (LSE: HREE) (OTCQB: CRMNF), the rare earths company focused on the Ampasindava ionic clay rare earth project in Madagascar (the “Ampasindava Project”), is pleased to announce the appointment of Jack Allardyce as Interim Chief Financial Officer (“CFO“) as well as the appointment of Marex as Corporate Adviser and SP Angel Corporate Finance LLP (“SP Angel“) as Joint-Broker, with immediate effect. 

Jack brings substantial listed company experience, with a strong track record as a CFO and senior finance executive across the natural resources sector. He has extensive experience in capital markets, corporate finance, stakeholder engagement, and working with UK and international investors, and has supported a number of publicly listed companies through key growth and transactional phases. The Board believes his expertise will be highly valuable as Harena continues to strengthen its financial and capital markets capabilities.

Marex has been appointed to provide corporate advisory services with a particular focus on institutional marketing, trading support and access to US capital markets, in support of the Company’s growth strategy and its UK and US market ambitions. Marex is a leading corporate advisory firm which, with its recent acquisition of Winterflood Securities, one of the UK’s leading market makers, has further enhanced its equities’ platform and capabilities across trading, distribution and market making.

SP Angel has been appointed as Harena’s Joint-Broker and will lead equity research coverage and investor marketing in the UK.  

With these appointments, Harena is well-placed to expand its access to prospective shareholders and continue to deliver further progress in the development of the Ampasindava project.

For further information please contact:

Harena Rare Earths Plc Ivan Murphy, Executive Chairman Allan Mulligan, Executive Technical Director	+44 (0)20 7770 6424
SP Angel – Joint-Broker Ewan Leggat / Josh Ray (Corporate Finance)	+44 (0)20 3470 0470
Marex Financial – Corporate Advisor Angelo Sofocleous / Keith Swann / Matt Bailey (Broking)	+44 (0)20 7655 6000 corporate@marex.com
Allenby Capital Limited – Financial Advisor & Joint Broker Jeremy Porter / Vivek Bhardwaj (Corporate Finance) Amrit Nahal / Kelly Gardiner (Sales & Corporate Broking)	+44 (0)20 3328 5656 info@allenbycapital.com
Muriel Siebert & Co. – US Financial Adviser & Broker Ajay Asija, Co-Head of Investment Banking	+1 (917) 902 7823 aasija@siebert.com
Celicourt Communications – Public Relations Mark Antelme / Charles Denley-Myerson	+44 (0)20 7770 6424 harena@celicourt.uk