2nd Nov 2005 16:15
2 November 2005 NELSON RESOURCES LIMITED ANNOUNCES RESIGNATION OF TWO DIRECTORS Nelson Resources Limited ("Nelson") of Bermuda (TSX/AIM: NLG), announces todaythat Mr. Askar Alshinbaev and Mr. Paul Maxwell confirmed to the Board ofDirectors of the Company on November 1, 2005, their resignation from the Boardof Directors, effective October 17, 2005. Both are affiliated with CentralAsian Industrial Holdings N.V., which sold its shareholding in the Company onOctober 14, 2005.Mr. Maxwell joined the Board recently, in June 2005. Mr. Alshinbaev has been aDirector of the Company since October 2000, and in this capacity played animportant part in Nelson's growth and development as an independent oil companyoperating in the Republic of Kazakhstan.Speaking on behalf of the Board of Directors, Nick Zana, Chairman of the Board,expressed his appreciation for the significant contributions made towards theCompany's success, and wishes Mr. Alshinbaev and Mr. Maxwell well for thefuture.For further information, please contact:----------------------------------------Nick Greene, Chief Financial Officer Tel: 020 7495 8908Nelson Resources Limited [email protected] Hodder Tel: 020 7495 8908Nelson Resources Limited [email protected] RESOURCES LIMITEDRelated Shares:
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