Pathfinder Minerals plc announced the appointment with immediate effect of Paul Barrett as an Executive Director, joining Mark Gasson, an existing non-Executive director of the Company. Dennis Edmonds, the Company's Non-Executive Chairman, will retire from the Board with immediate effect. Mr. Barrett is a geologist with strong commercial and engineering experience.

He is currently a director of Southwind Corporation, a USA company engaged in a rare earth enriched phosphate project in the Mid-Continent region of the United States. Mr. Barrett is also a director of OK Energy Limited, a UK company focused on deepwater oil and gas exploration in South Africa, including a joint venture with Shell and Qatar Energy. Mr. Barrett founded and was previously CEO of Europa Oil and Gas plc, an AIM-quoted oil and gas business currently focused in Ireland and onshore UK.