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Apollo Minerals appoints former Berkeley Energia COO Hugo Schumann as executive director

Schumann was previously chief commercial officer at Berkeley Energia Limited where he led the US$120mln financing of the Salamanca uranium mine in Spain

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Schumann has been working with Apollo Minerals on its recent successful A$6.0mln equity financing

Apollo Minerals Limited (ASX:AON) has appointed Hugo Schumann as an executive director of the company with effect from 2 May 2018.

Schumann was previously chief commercial officer at Berkeley Energia Limited (LON:BKY) where he led the US$120mln financing of the Salamanca uranium mine in Spain with the sovereign wealth fund of Oman at the bottom of the uranium price cycle.

READ: Apollo Minerals boasts of “exceptionally busy” quarter

The group said Schumann, an experienced mining executive based in London, has worked in corporate development functions for a number of listed mining companies and played a leading role in numerous financing transactions, stock exchange listings, commercial offtake deals, infrastructure deals and investor relations programmes.

WATCH: Apollo Minerals advancing work on the world's highest grade tungsten mine

More recently, it added, he has been working with Apollo Minerals to increase its ownership in the Couflens Project in France to 100%, to acquire the Aurenere Project in Spain and on the recent successful A$6.0mln equity financing for the company.

The equity financing delivered leading European institutional investors onto Apollo’s share register, including one of the world’s largest mining funds.

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Apollo Minerals Ltd - Mining Capital Conference May 2019

Apollo Minerals Limited's (ASX:AON) Hugo Schumann presents to investors at the Proactive Mining Capital Conference in London. Apollo's continuing to progress restart work at the Salau Tungsten Mine within its Couflens project in southern France. For more information visit...

on 8/5/19

2 min read