Reveille Resources Plc (AQSE: REV; OTCID: RVREF), a uranium exploration and development company focused on Italy's largest uranium deposits, has announced the proposed appointment of the Rt. Hon. Dominic Raab as Independent Non-Executive Director, subject to completion of customary regulatory due diligence and onboarding requirements. Raab, who served as UK Deputy Prime Minister between 2021 and 2023 and previously as Foreign Secretary, would join a board already chaired by former US Secretary of State Michael R. Pompeo. The appointment is designed to strengthen Reveille's governance framework and international engagement as it advances exploration licences in northern Italy.

Key Points

  • Reveille Resources Plc (AQSE: REV; OTCID: RVREF) is a UK uranium exploration and development company focused on Italy's Novazza and Val Vedello uranium projects
  • The company has proposed the appointment of Rt. Hon. Dominic Raab as Independent Non-Executive Director, subject to regulatory due diligence
  • The initial appointment term is three years; Raab has agreed to receive 50% of annual remuneration in equity, calculated by reference to the average mid-market closing share price over the ten trading days preceding each quarter-end
  • Investors should watch for confirmation that all regulatory onboarding requirements have been successfully completed

Reveille's Novazza and Val Vedello Uranium Projects in Northern Italy

Reveille is advancing exploration-licence applications for the Novazza and Val Vedello uranium projects in northern Italy through its Italian subsidiary, Futuro Energetico Italiano S.r.l. Both projects are subject to applicable environmental-assessment processes. The sites were historically explored and developed by AGIP Nucleare S.p.A. and its subsidiary SOMIREN, part of the ENI group, during Italy's national nuclear programme between 1959 and 1983. That historical work included more than 87,000 metres of drilling and approximately 17 kilometres of underground development, providing a substantial technical foundation that Reveille intends to verify using modern exploration techniques and internationally recognised reporting standards.

Dominic Raab's Career in Government, Law, and the Mining Investment Sector

Before entering politics, Raab qualified as a solicitor at international law firm Linklaters in 2000, specialising in project finance, international litigation, and competition law, before advising on international law, investment protection, and national security matters at the UK Foreign and Commonwealth Office. He holds a law degree from the University of Oxford and a Master's degree from the University of Cambridge, where he received the Clive Parry Prize for International Law. Outside government, he currently serves as Head of Global Affairs at Appian Capital Advisory, an investment adviser specialising in the metals and mining sector, and as a Distinguished Fellow of the Royal United Services Institute, focusing on strategic minerals and global security.

Raab and Pompeo's Shared Diplomatic History to Underpin Board Collaboration

The announcement highlights that Raab and Reveille's Non-Executive Chairman, former US Secretary of State Michael R. Pompeo, worked together at the highest levels of their respective governments between 2019 and 2020, meeting bilaterally in Washington and London on matters including transatlantic relations and international security. The company states that their established professional relationship provides a foundation for board collaboration. As Independent Non-Executive Director, Raab's mandate will encompass corporate governance oversight, strategic guidance on energy security and nuclear-fuel supply chains, and engagement with institutional investors and government stakeholders across Western-aligned jurisdictions, including potential opportunities in North America.