12th Dec 2006 09:43
African Consolidated Resources Plc12 December 2006 12 December 2006 African Consolidated Resources plc ("ACR" or the "Company") Appointment of Chairman Further to the interim results released by the Company on 29 November 2006, theCompany is pleased to confirm the formal appointment of Peter Vanderspuy asnon-Executive Chairman of the Company with immediate effect. Peter Vanderspuy, 66, BSc (Geology) Stellenbosch, MSc (Geology) Colorado Schoolof Mines, Fellow of the Australasian Institute of Mining and Metallurgy, hasbeen active in mineral discovery, development and mining for over 40 years insouthern Africa, Australasia, south-east Asia and North America. In Zimbabwe hehas been responsible for identifying, developing and bringing to fruition theplatinum mining operations of Zimplats, the world's largest platinum operationsoutside South Africa and Russia. In Australia, Peter founded and led the DeltaGold Group of companies which discovered and developed the Granny Smith andKanowna Belle Gold Mines, each of which ranks among Australia's significant goldproducers. Peter was a founding shareholder and chairman of four Australian StockExchange-listed exploration and mining companies (Austminex, Delta Gold, MumbilMines and Zimplats), a founding shareholder and Deputy-Chairman of a NewZealand-listed mining company (Sigma Resources) and is a founding shareholderand chairman of AIM-listed subsea-explorer, Neptune Minerals. Peter is resident in Zimbabwe and is active in the search for minerals in theSouthern African region. The following information has been notified to the Company by Mr PeterVanderspuy and is disclosed in accordance with Schedule 2 paragraph (g) of theAIM Rules. Company Position held Dates of directorship Zimplats Limited Director 1/7/1988 - 14/11/2002Austminex Limited Director 29/1/1997 - 10/2/2004Neptune Minerals Plc Director 1/6/06 - presentEvergreen Energy Corporation Pty Limited Director 23/05/2001 - presentNavredyups Pty Limited Director 13/03/1990 - 07/09/2002Canyon Resources Pty limited Director 23/07/1981 - 02/04/2002Cratonic N.I. Director 05/06/1983 - 14/08/2004 The Company confirms that there is no further information required fordisclosure under Schedule 2 paragraph (g) of the AIM Rules. Enquiries: ACRAndrew Cranswick (+44) 7920 189010Roy Tucker (+44) 1622 816918 Evolution SecuritiesSimon Edwards (+44) 20 7071 4330 College HillPaddy Blewer (+44) 20 7457 2020Nick Elwes This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Vast Resources