8th Jan 2007 14:21
Oxus Gold PLC08 January 2007 OXUS GOLD PLC APPOINTMENT OF DIRECTOR LONDON: 8 January 2007 - Oxus Gold plc ("Oxus" or the "Company") (OXS.L) ispleased to announce that Mr Darryl Norton has been appointed an executivedirector of the Company with immediate effect. Mr Norton has been acting as analternate director since 1 December 2005. Darryl Norton, age 45, has over 24 years' experience in the engineering andmining industry, of which 14 years were gained at MAED Limited as the ProjectsDirector, including major projects for gold mining companies such as DurbanRoodeport Deep and Anglogold. He was also responsible on behalf of MAED for theconstruction and commissioning of the Company's Amantaytau Goldfields oxideproject in Uzbekistan. Prior to joining MAED, Mr Norton worked on capitalprojects for Fluor, TWP, Bateman and Gencor, including both surface andunderground mining projects. Bill Trew, CEO of Oxus, commented: "Darryl continues to play a very significantrole in the development of our project portfolio. We are delighted that he hasagreed to become a full board member and I am confident that his experience willprove invaluable as we move forward on our Amantaytau underground project, aswell as our other projects in Kyrgyzstan and Romania." Darryl Norton is personally interested in 4,023,333 ordinary shares in theCompany, representing 1.31% of the outstanding share capital. He is alsointerested in 250,000 options to acquire ordinary shares in the Company at 54peach, subject to exercise conditions, and valid until 6 October 2010. Directorships: Present:- None Past 5 years:- Mechanical Analysis & Engineering Design (Pty) Limited- MAED Group Laboratories- Birkenhead Brewery (Pty) Limited- Bonnybrae Property Holdings (Pty) Limited No other information falls to be disclosed in respect of Mr Norton underschedule 2(g) to the AIM Rules. Further enquiries: Oxus Gold plc Tel: + 44 (0)20 7907 2000Richard Wilkins, Company Secretary Canaccord Adams Limited Tel: + 44 (0)20 7050 6500Robin Birchall / Erin Needra Bankside Tel: + 44 (0)20 7367 8873Keith IronsOliver Winters This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Oxus Gold Plc