Appointment of Finance Director
(Thomson Reuters ONE) -
18 October, 2011
African Eagle Resources plc
FINANCE DIRECTOR APPOINTMENT
African Eagle Resources plc ("African Eagle" or "the Company"; AIM: AFE; AltX:
AEA) is pleased to report that it has appointed Andrew Robertson as Finance
Director and Company Secretary. Andrew will join the Board of Directors with
immediate effect and will become full-time Finance Director and Company
Secretary on 1 December.
Andrew has a wide range of operational experience at senior finance levels in
the mining, downstream chemicals, and engineering sectors. He has extensive
experience in fund raising and he will manage the project financing for the
Dutwa development.
Andrew has been CFO of Ecometals Limited (gold exploration) since 2008, and is
also CFO of White Tiger Gold Limited, both listed on the Toronto Stock Exchange.
He is also CFO for Maple Minerals Corp a private company. Andrew has already
resigned from the latter two positions consequent on this appointment and will
step down from the first of these three positions shortly after taking up his
new role at African Eagle.
Andrew commenced his career with Laporte Plc as a mine controller, at that time
mining and processing ilmenite (titanium) and bentonite. He then left to become
Group controller at Laird PLC and subsequently was a Group Finance Director with
Jardines. Andrew re-joined Laporte as Finance Director of their organic
chemicals business and managed the financing of some large construction
projects. He co-led a venture capital backed management buy-in of Bayer's global
mineral processing business, managing the fund raising before an eventual
disposal.
The Company's Chairman, Euan Worthington commented, "The Board is very pleased
to have secured the services of such an experienced FD as Andrew to work
alongside our newly appointed CEO Trevor Moss. We have full confidence that
together, they have the skills to successfully bring the Dutwa Nickel Project
into production. At the same time, Bevan Metcalf, our existing FD, will be
leaving the Company to take up a new role and I would like to thank him for his
financial guidance over the past seven years. The Board wishes him well in his
new role."
Andrew John Stuart Robertson is a UK Chartered Accountant aged 60 with a
Business Economics degree from University College London.
Save as set out above, there are no details in relation to the appointment which
need to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules.
For further information please see the Company's web site at
www.africaneagle.co.uk or contact one of the following:
African Eagle Resources plc
Mark Parker (Managing Director)
Euan Worthington (Chairman)
Sandra Spencer (PR Consultant)
+44 20 7248 6059
+44 77 5640 6899
+44 75 1535 7790
Canaccord Genuity Limited
Andrew Chubb
Bhavesh Patel
+44 20 7050 6500
Ocean Equities Limited
Guy Wilkes
+44 20 7786 4370
Russell & Associates, Johannesburg
Charmane Russell
Marion Brower
+27 11 8803924
+27 82 8928052
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Source: African Eagle Resources PLC via Thomson Reuters ONE
[HUG#1555445]
Unternehmensinformation / Kurzprofil:
Datum: 18.10.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 77093
Anzahl Zeichen: 4058
contact information:
Town:
London,
Kategorie:
Business News
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