Meridian Mining Completes Continuation to UK

LONDON, Aug. 21, 2017 /CNW/ - Meridian Mining SE (TSX V: MNO) ("Meridian" or the "Company") today is pleased to announce that it has relocated its head office from Amsterdam, the Netherlands to London, United Kingdom ("UK"). The UK Corporate Registry has finalized the continuation and the Company is now governed by the laws of the United Kingdom. Shareholders approved the continuation at the Company's Annual General Meeting held in Amsterdam, the Netherlands, on June 29, 2017. 

Concurrently with the continuation, the Company announces changes to its Board of Directors (the "Board").  Alister Hume, an investment manager with the Sentient Fund and based in London, UK, was appointed  as a non-executive director to the Board. Mr. Hume established the Sentient UK office in 2013 to manage a number of mining investments within the Sentient portfolio. Prior to joining Sentient Mr. Hume worked at RBS Morgan's in an Investment Advisor role with a focus on metals and mining. Mr. Hume holds a bachelor's degree in Commerce from the University of Sydney. 

In addition, Angelina Mehta and Stefano Haver have stepped down from their roles on the Board. Meridian would like to thank Ms. Mehta and Mr. Haver for their valuable contribution to the Company and wish them all the best in their future ventures.

On behalf of the Board of Directors of
Meridian Mining SE

"Anthony Julien"
Anthony Julien
President, CEO and Director

ABOUT MERIDIAN

Meridian Mining SE is focused on the acquisition, exploration, development and mining activities in Brazil. The Company is currently focused on exploring and developing the Espigão manganese project, the Bom Futuro tin JV area, and adjacent areas in the state of Rondônia. The Company employs a two-pronged strategy with the objective of growing pilot production while advancing a parallel multi-commodity regional exploration program. Meridian is currently producing high grade manganese at its project located at Espigão do Oeste.

Further information can be found at www.meridianmining.co.

FORWARD-LOOKING STATEMENTS
Some statements in this news release contain forward-looking information or forward-looking statements for the purposes of applicable securities laws. These statements include, among others, statements with respect to the Company's plans for exploration and development of its properties and potential mineralization. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such risk factors include, among others, failure to obtain regulatory approvals, failure to complete anticipated transactions, the timing and success of future exploration and development activities, exploration and development risks, title matters, inability to obtain any required third party consents, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices and one-time events. In making the forward-looking statements, the Company has applied several material assumptions including, but not limited to, the assumptions that: (1) the proposed exploration and development of mineral projects will proceed as planned; (2) market fundamentals will result in sustained metals and minerals prices and (3) any additional financing needed will be available on reasonable terms. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

The TSX Venture Exchange has in no way passed upon the merits of the proposed Arrangement and has neither approved nor disapproved the contents of this news release.  Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Meridian Mining S.E.