24th Feb 2009 11:51
For immediate release
24 February 2009
Niger Uranium Limited
("Niger Uranium" or the "Company")
Board Appointment
Niger Uranium (AIM: URU) is pleased to announce that Mr David de Jongh Weill has been appointed Non-executive Chairman with immediate effect. Subsequently Ian Stalker, who is Executive Chairman, will become Acting CEO.
David de Jongh Weill started his professional career with Salomon Brothers in 1983 in derivative products sales and trading. He subsequently became active in proprietary trading for Salomon Brothers in International Fixed Income and Foreign Exchange. Mr Weill left Salomon in 1989 to develop an international proprietary trading activity with Greenwich Capital Markets.
Thereafter, in 1992, Mr Weill developed his own fund management activity with funds under management growing to over $1.2 billion. From 1998, he has focused on private equity investment, predominantly in natural resource and media and technology companies. Mr Weill has acquired considerable experience in proprietary trading in international financial markets, investment management, corporate finance, and corporate governance. Mr Weill is a founder and partner of Chiliogon Partners LLP and also a non-executive director of Caledon Resources plc.
David de Jongh Weill (50) has held the following directorships in companies or partnerships in the past five years:
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Current Directorships: |
Former Directorship: |
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Caledon Overseas Holdings Limited |
Chiliogon Secretaries Limited |
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Caledon Resources Plc |
Chiliogon Special Situations LLP |
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CAN Media Limited |
Consulta Veritas Limited |
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Chiliogon Limited |
Microcap Media & Public Relations Limited |
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Chiliogon Partners LLP |
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Finelot Trading Company Limited |
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Hecta Media Inc. |
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There are no further details in relation to the above appointment which require disclosure under paragraph (g) (iii) to (viii) of Schedule 2 to the AIM Rules.
Following these changes the composition of the Board of the Company is as follows:
David de Jongh Weill - Non-executive Chairman
Ian Stalker - Acting CEO
Gordon Cassidy - Finance Director
John P Lynch - Non-Executive Director
Enquiries:
Niger Uranium Limited
Ian Stalker
Tel: +27 11 269-4900
Nominated Adviser, Beaumont Cornish Limited
Tel: +44 (0) 207 628 3396
Michael Cornish
ENDS
Related Shares:
Uru Metals