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Appointment of Managing Director

2nd Jul 2013 07:00

RNS Number : 3457I
Stratmin Global Resources PLC
02 July 2013
 



2 July 2013

 

StratMin Global Resources Plc

("StratMin" or the "Company")

 

Appointment of London-based Managing Director

 

StratMin (AIM: STGR), the graphite production and exploration company with assets in Madagascar, is pleased to announce that the Company has appointed Manoli Yannaghas as its London-based Managing Director. In addition, Chairman Gobind Sahney will become Non-Executive Chairman with immediate effect.

 

Manoli brings with him considerable experience with listed natural resource companies, mine operations and project evaluation. He was an executive director of Red Rock Resources for seven years, where he worked on acquisitions and operations in Africa and South America. With a particular focus on operations, he spent three years developing and managing a foreign producing mining asset. In this capacity, he oversaw the redevelopment and build-out of plant and mine through to the start of operations, daily management and oversight of all aspects of the operation including finance, production, personnel and administration.

 

Manoli is a former financial analyst with international financial consulting firm Greenwich Associates. He also has experience in private equity with small and medium sized businesses where he has fulfilled roles in operations and corporate finance including at board level.

 

Commenting on the appointment, Non-Executive Chairman Gobind Sahney said: "The appointment of Manoli as our Managing Director completes another step in our development. He brings considerable leadership and experience in managing mining and production projects in remote locations. I look forward to working with Manoli closely in growing StratMin and creating lasting shareholder value."

 

For further information please visit www.stratminglobal.com or contact:

 

StratMin Global Resources Plc

+44 (0) 20 7467 1700

Manoli Yannaghas (Managing Director)

Peel Hunt LLP (Nomad & Broker)

Matthew Armitt / Harry Florry

+44 (0) 20 7418 8900

Tavistock Communications (Financial PR & IR)

Simon Hudson / Conrad Harrington

+44 (0) 20 7920 3150

 

-ends-

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