Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Appointment of Chief Executive

3rd Jul 2013 07:00

RNS Number : 4436I
Great Western Mining Corp. plc
03 July 2013
 



3 July 2013

 

Great Western Mining Corporation PLC

("Great Western Mining", "GWM" or the "Company")

David Fraser appointed as Chief Executive

Great Western Mining Corporation plc, the Dublin-based exploration company with 73 square kilometres of mineral claims in South Western Nevada, is pleased to announce the appointment of David Fraser as its new Chief Executive.

In May, the Company announced the completion of a successful 9 hole Reverse Circulation drilling programme, thereby taking Great Western to an important milestone. Having reached this point, the Board has decided that the Company now needs to capitalise on the opportunity now revealed. The Company plans to make further announcements in the near future with further information about the next phase of its development.

Accordingly, David Fraser, an experienced corporate broker and mining sector specialist has agreed to succeed Melvyn Quiller, who remains on the Board but will assume the role of a non-executive Director and also becomes Company Secretary.

After completing a degree in Economics, David entered the City in 1982 as a commodity and derivatives broker, working for leading institutions such as Merrill Lynch and Société Générale, latterly in management roles. In 1993, he established a successful regulated corporate broking and advisory operation, which was subsequently sold to the Dawnay Day investment banking group.

For the past 13 years David has advised smaller companies in raising private equity finance to back management buyouts and has advised on a number of transactions relating to the AIM market. He is currently an associate of Fox Davies Capital Limited, the specialist natural resources investment banking company.

Emmett O'Connell, Chairman, commented:

"David shone through as being our strongest candidate for this crucial role; he has the right combination of smaller company expertise and sector experience. Melvyn will remain hands on, taking care of public company administrative matters, while David drives us through our next development stage, with the full support and advice from myself and the rest of the Board."

Aside from the information tabulated below, David John Fraser, age 53, has nothing further to disclose under the AIM Rules for Companies, Schedule Two (g).

Current Directorships

Directorships in the past 5 years

D J Fraser & Co Ltd

Magenta Capital Limited

 

 

 

ENQUIRIES:

Great Western Mining Corporation Plc

Emmett O'Connell, Chairman

Melvyn Quiller, Chief Executive

 

+353 87 798 8839

+44 (0) 771 289 9588

 

 

[email protected]

Shore Capital (Nomad & UK Broker)

Bidhi Bhoma / Toby Gibbs (Corporate Finance)

Jerry Keen (Corporate Broking)

 

+44 (0) 20 7408 4090

 

[email protected]

[email protected]

Davy (ESM Adviser & Irish Broker)

John Frain (Corporate Finance)

Roland French (Corporate Finance)

 

+353 1 614 8761

 

[email protected]

[email protected]

Cubitt Consulting (Financial PR)

Gareth David

Cebuan Bliss

 

 

+44 (0) 20 7367 5100

 

[email protected]

Gordon MRM (Irish PR)

Brendan McGrath

 

+353 1 665 0453

+353 87 937 0266

 

[email protected]

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
BOARTMATMBTMBIJ

Related Shares:

Great Western
FTSE 100 Latest
Value8,406.09
Change-1.35