ZUG, Switzerland - Monday, June 30th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Pala Investments is pleased to announce that Michael Barton will assume the role of Chief Executive Officer of Pala, succeeding Jan Castro who has resigned from the role, with immediate effect.

Over the last 8 years, Mr. Castro’s leadership has produced a strong track-record of successful investments and value-creation at investee companies across the mining and mining-related sectors. Mr. Barton has been with Pala since its formation and moves to Chief Executive Officer from the role of Chief Investment Officer.

Commenting on the changes, Mr. Barton said, “On behalf of Pala I’d like to thank Jan for his vision, values and focus, which have been instrumental in making Pala what it is today. On a personal level I’d like to thank him for the guidance and mentoring over the years we’ve worked together, which allow me to now assume the role of CEO. Pala has an excellent team and we look forward to playing a continued active role in the sector over the coming years”.

About Pala

Pala Investments is an investment company focused exclusively on the mining sector with a strong track record of successful investments and value creation. Pala’s team has extensive experience within the sector and seeks to assist companies in which it has long-term shareholdings by providing strategic advice and innovative solutions in development, production, turnaround and advanced exploration situations. Pala invests across all geographies and in all mining commodities as well as mining services and consumables. For more information, visit www.pala.com.

Contacts

Pala Investments

Philip Clegg, +41-41-560-9070

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