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Directorate Change

12th Nov 2008 14:30

RNS Number : 0230I
Central African Gold PLC
12 November 2008
 



Central African Gold Plc 

("CAG" or the "Company")

Directorate change

CAG today announces that Roy Pitchford has been appointed CEO of the Company, following the decision of current CEO Greg Hunter to leave the Company.

Roy has more than 20 years' senior management and executive experience in southern Africa, 13 of which were in the mining industry, including serving as CEO of Cluff Resources Zimbabwe Limited, Delta Gold Zimbabwe (Pty) Limited, Zimbabwe Platinum Mines Limited and African Platinum Plc. He is also a past president of the Chamber of Mines of Zimbabwe. Roy has stepped down as CEO of African Minerals Limited in order to undertake the full time role of CEO of CAG.

Roy Lander, Chairman of CAG, thanked Greg for his significant contribution to CAG and, on behalf of the Company, wished him every success in the future. He also commented that he believed Roy Pitchford was well placed to lead the Company at this time.

The Board of CAG will be continuing to review the Company's corporate strategy and financing options including, inter aliaoptions for raising equity and options for the disposal of non core assets.

* * ENDS * *

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

Roy Pitchford/

Nicole Broome

Central African Gold Plc

Tel: +27(0)11 676 2500

Stuart Faulkner/

James Spinney

Strand Partners Limited

Tel: +44(0)20 7409 3494

Martin Eales

RBC Capital Markets

Tel: +44(0)20 7029 7881

Hugo de Salis/

Felicity Edwards

St Brides Media and Finance Ltd

Tel: +44(0)20 7236 1177

Charmane Russell

Russell and Associates

Tel: +27(0)11 880 3924

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