Death of David Horgan
Petrel Resources PLC announced the death of its cofounder and chairman, David Horgan, aged 66. Horgan was also cofounder and chairman of Clontarf Energy Plc, a cofounder and director of Botswana Diamonds Plc, and founder chairman of Greenore Gold Plc. He returned to Ireland in 1991 and later joined Kenmare Resources, becoming Commercial Director until 1992. Following Horgan's death, Jim Finn will join the Petrel board, with a further announcement to be made shortly. During their time together, the small group had successes operating gold mines in Zimbabwe, selling off oil licenses in Peru and discovering a diamond mine in Botswana.
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Dublin 3,
D03 F6T0
Ireland
29th October 2025
Petrel Resources plc
("Petrel" or "the Company")
Death of David Horgan
It is with the deepest sadness that we announce the passing of David Horgan. David was a cofounder and chairman of Petrel Resources Plc, cofounder and chairman of Clontarf Energy Plc, a cofounder and director of Botswana Diamonds Plc and founder chairman of Greenore Gold Plc.
John Teeling and Jim Finn, in a joint comment, "The death of David Horgan is a deep personal loss to each of us. In over three decades together we have created, financed, managed and listed a series of early-stage exploration ventures in a variety of natural resources. He revelled in high stakes, high risk resources exploration. He was fearless travelling in dangerous territories, traipsing across swamps or exploring long abandoned mines. He spoke eight languages. After ten days or so in a new country he could converse with locals in their own language and actively participate in local culture and traditions.
Ar dheis de go raibh a ainm".
Following the loss of David, it is intended that Jim Finn will join the Petrel board. A further announcement will be made shortly.
Petrel Resources
| John Teeling, Director | +353 (0) 1 833 2833 |
| Strand Hanson Limited - Nominated & Financial Adviser Richard Johnson James Bellman | +44 (0) 20 7409 3494 |
| Novum Securities Limited - Broker Colin Rowbury | +44 (0) 20 399 9400 |
| BlytheRay - PR Megan Ray | +44 (0) 207 138 3204 |
| Teneo Luke Hogg Molly Mooney Ciara McNamee | +353 (0) 1 661 4055 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.