Appointment of Non-executive Director
(Thomson Reuters ONE) -
AFRICAN EAGLE RESOURCES plc
DIRECTOR APPOINTMENT
African Eagle Resources plc ("African Eagle" or "the Company"; AIM: AFE; AltX
AEA) is pleased to announce the appointment of Julian Alexander McIntyre as a
Non-executive director, with immediate effect.
Mr McIntyre (aged 36) is a successful entrepreneur and investor. He was a
founder and controlling shareholder of Gateway Communications Group ("Gateway"),
a pan African telecommunications business that established infrastructure in
over 40 African countries. Mr McIntyre is also founder and a principal of MWB
Capital, a private investment company which currently holds 10.04% of the issued
share capital of the Company.
In accordance with Schedule 2(g) of the AIM Rules, Mr McIntyre has held the
following directorships and partnerships in the past 5 years:
Ambrian Capital Plc, Hendricks Resources Ltd, Gateway Telecommunications Plc,
Gateway Communications (UK) Ltd, Gateway Communications Africa (UK) Ltd, Gateway
Telecommunications Finance Plc, Gateway Communications SA, GS Telecom Ltd,
Gateway Telecoms Integrated Services Ltd, Spar Aerospace (Nigeria) Ltd, GS
Telecom Africa Ltd, GS Telecom Angola Ltd, GS Telecom (Ghana) Ltd, Gateway
Communications Mozambique Ltd, Gateway Communications Tanzania Ltd, Gateway
Communications (PTY) Ltd, GS Telecom (PTY) Ltd, Gateway Broadcast Services Ltd,
The African Christian Network Ltd, GTV (Zambia) Ltd, Gateway Telecommunications
SA (PTY) Ltd, GTV (Tanzania) Ltd, GTV (Uganda) SARL, GTV (Mozambique) Ltd, GTV
(Cameroon) SARL, GTV (Kenya) Ltd, GTV (Botswana) (PTY) Ltd, Gateway Broadcast
Services (Ghana) Ltd, Gateway Broadcast (Mauritius) Ltd, Gateway Broadcast
Services Namibia (PTY) Ltd, GTV (RDC) SARL, Right to Play UK Ltd, Digicom
Networks (UK) Ltd, Global Wireless Applications (UK) Limited.
Gateway Broadcast Services Ltd ("GBS"), and its parent company, Gateway
Broadcast (Mauritius) Ltd ("GBM"), of which Mr McIntyre was a director, were put
into administration on 26 January 2009, and following a board resolution a
liquidator was appointed on 12 February 2009. The primary operating company, GBS
had unsecured creditors of £196,376,410, of which £159,790,128 were intercompany
creditors, primarily loans from the ultimate parent company Gateway
Telecommunications SA (PTY) Ltd. Recovery to creditors was 4.546p in the pound.
For further information on African Eagle, see the Company's web site
www.africaneagle.co.uk or contact one of the following:
Bevan Metcalf - Finance Director /
Euan Worthington - Chairman
African Eagle Resources plc, London
+44 20 7248 6059
+44 7753 862 097
Andrew Chubb / Bhavesh Patel
Canaccord Genuity Limited
+44 20 7050 6500
Guy Wilkes
Ocean Equities Limited, London
+ 44 20 7786 4370
Charmane Russell / Marion Brower
Russell & Associates, Johannesburg
+27 11 8803924
+27 82 8928052
About African Eagle
Since discovering a major nickel oxide deposit at Dutwa in Tanzania, African
Eagle is in transition from an explorer into a nickel producer. The Company
completed a positive scoping study on the Dutwa deposit in July 2009 and is now
working towards a feasibility study.
In addition to Dutwa, African Eagle is also evaluating a second promising nickel
oxide at Zanzui, which is located 60 km from Dutwa. The Company holds a 49%
interest in the Mkushi Copper Mines joint venture in Zambia, for which a draft
feasibility study was completed in Q4 2008. It also holds a half million ounce
gold resource at the Miyabi project in Tanzania, and a portfolio of gold and
base metal exploration assets, including two projects in the Zambian Copperbelt.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: African Eagle Resources PLC via Thomson Reuters ONE
[HUG#1512470]
Unternehmensinformation / Kurzprofil:
Datum: 05.05.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 54274
Anzahl Zeichen: 4822
contact information:
Town:
London,
Kategorie:
Business News
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"Appointment of Non-executive Director"
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