11th Jul 2008 07:00
Weatherly International plc
("Weatherly" or the "Company")
Appointment of New Non Executive Director
The Board of Weatherly International announces that Alan Stephens (age 54) has been appointed as a Non Executive Director with effect from 10 July 2008. He will replace Peter Redmond who will be stepping down from the role with effect from 10 July 2008.
Alan is President, CEO and Director of Coro Mining Corp, a Latin American focused copper development company with an option to acquire an operating copper mine in Chile, two projects being advanced to the production stage and a pipeline of exploration properties. He is also a director of the mining consultancy, Mill House Mining Ltd.
With 32 years of experience in the mining business, Alan has previously worked as Vice President, Exploration with copper producer First Quantum Minerals and as International Exploration Manager for Cyprus Amax Minerals. He has taken part in operations in a wide variety of geographical zones including Africa, Europe, Asia and Latin America.
No further information is required to be disclosed in respect of Mr Stephens pursuant to paragraph (g) of Schedule 2 to the AIM Rules.
Rod Webster, CEO of Weatherly International, said:
'We are extremely pleased to have Alan join the board of Weatherly. His extensive experience in exploration and development of resource assets around the world, and in particular Africa, will be very useful as Weatherly looks to build on its Namibian base through the establishment of new operations, such as the Tambao Manganese project in Burkina Faso.
We would like to thank Peter Redmond for the level of commitment, valuable advice and counsel that he has given during Weatherly's growth from a start up company to a profitable resource producer and we wish him well for all his future undertakings.'
For further information contact:
Rod Webster, Chief Executive Officer Weatherly International +44 (0)207 868 2232
Paul Craven, Chief Financial Officer
Richard Brown Ambrian Partners Limited +44 (0)207 634 4700
Richard Greenfield
Anthony Cardew Cardew Group +44 (0)207 930 0777
Jamie Milton
Matthew Law
Related Shares:
Weatherly International Plc