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Appointment of New Non-Execut

13th Jun 2008 07:00

RNS Number : 6240W

Altona Resources PLC

13 June 2008

Altona Resources Plc / Index: AIM / Epic: ANR / Sector: Exploration & Production

13 June 2008

Altona Resources Plc ("Altona Resources" or "the Company")

Appointment of New Non-Executive Director

Altona Resources Plc, the AIM listed Australian based energy company, has appointed Mr Zheng (Michael) Qiang to its Board as Non-Executive Director with immediate effect. Mr. Zheng is currently Chief Executive Officer of Tongjiang International Energy Co. Ltd (“Tongjiang”) and his appointment forms part of the share subscription agreement between Tongjiang and Altona Resources to raise £11.6 million for the development of the Arckaringa Project in South Australia.

Mr. Zheng began his career as an economist at the China Economic Commission before moving to the China Rare Earth Office of The State Council Rare Earth Leading Group of the State Planning Commission, where he was in charge of rare earth production. He subsequently became the Deputy General Manager of the China Rare Earth Development Corporation, a commercial arm of the State Council Rare Earth Leading Group. Mr Zheng has also previously held senior management positions in the Beijing office of AMR Technologies Inc. (“AMR”), a resources company listed on the Toronto Stock Exchange, where he co-coordinated relations with Chinese entities and was responsible for AMR’s direct liaison with the Chinese Government.

Chris Lambert, Chairman of Altona Resources said, “We are very pleased to welcome Michael to the Board as part of our relationship and agreement with Tongjiang. His extensive government and commercial experience in China, as well as his significant network of contacts, will no doubt prove invaluable in opening doors into China towards bringing the Arckaringa coal-to-liquids project to fruition.”

Mr Zheng Qiang (age 52) holds, or has in the last five years held, the following directorships:

Current Directorships:

Tongjiang International Energy Co., Ltd

Rychael International Limited

Past Directorships:

None

There is no further information required to be disclosed in respect of the above appointment pursuant to Schedule Two, paragraph (g) of the AIM Rules for Companies.

**ENDS**

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

Christopher Lambert	Chairman	Tel: +44 (0) 207 024 8391
Christopher Schrape	Managing Director	Tel: +61 (0) 417 984 434
Hugh Oram	Nabarro Wells & Co. Limited	Tel: +44 (0) 207 7634 4860
Alastair Stratton	Matrix Corporate Capital LLP	Tel: +44 (0) 207 925 3300
Victoria Thomas	St Brides Media & Finance Ltd	Tel: +44 (0) 207 236 1177

Notes to Editors:

About Altona

Altona Resources Plc is an Australian based energy Company that listed on the AIM market of London Stock Exchange in March 2005. Altona Resources' primary focus is the completion of a bankable feasibility study for its wholly owned Arckaringa Project for an integrated 10 million barrel per year Coal to Liquid ('CTL') plant with a 560 MW co-generation power facility.

The Company holds, through its wholly owned subsidiary Arckaringa Energy Pty Ltd, a 100% interest in three exploration licences covering 2,500 sq. kms in the northern portion of the Permian Arckaringa Basin in South Australia. These include three coal deposits, Westfield (EL3360), Wintinna (EL3361) and Murloocoppie (EL3362). All three lie close to the Adelaide to Darwin railway and the Stuart Highway. Containing more than 7.5 billion tonnes of coal (based on previous JORC standards) these coal deposits are effectively one of the world's largest undeveloped energy banks, capable of conversion into clean liquid fuels, low cost power and high value industrial feedstocks.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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