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Directorate Change

26th Oct 2012 07:00

RNS Number : 5949P
Strategic Natural Resources PLC
26 October 2012
 



26 October 2012

Strategic Natural Resources Plc

("SNR" or the "Company")

 

Appointment of new Finance Director

 

SNR, the natural resources developer operating in South Africa, is pleased to announce the appointment of Mark Rosslee as Finance Director of the Company. Mark is a Chartered Accountant in South Africa and has previously served on the Board of AIM quoted Central African Gold Plc.

 

Mark started his career with Deloitte, Haskin & Sells in 1980, before joining Kim Diamonds and subsequently De Beers Consolidated Mines Group, where he rose to the position of Group Financial Manager for NAMDEB, De Beer's Namibian Diamond Group. Mark has served as the Chief Financial Officer of Southern Era Diamonds Inc, Southern Platinum Corporation, Metallon Gold Ltd and Braemore Resources Plc. He graduated from Wits University with a Bachelor of Accountancy, he also obtained his Graduate Diploma in Mining Engineering from Wits University in 2002 and a Higher Diploma in Mining Taxation from UNISA in 1986.

 

David Nel, CEO of SNR, commented: "We are delighted to welcome Mark to the Board of SNR. Having held the role of CFO of our subsidiary, Elitheni Coal (Pty) Ltd, since April 2012, he has become a valuable member of the SNR team, having not only extensive financial but also mining experience. I look forward to working with Mark during the next stage of SNR's development."

 

Enquiries:

 

Strategic Natural Resources plc

David Nel, Chief Executive Officer

+27 (0) 41 374 0842

Allenby Capital Limited - Nominated Adviser and Joint Broker

Nick Naylor/Mark Connelly/James Reeve

+44 (0) 20 3328 5656

SP Angel Corporate Finance Limited - Joint Broker

Tercel Moore

+44 (0) 20 3463 2260

FTI Consulting

+44 (0) 20 7831 3113

Ben Brewerton / Georgia Mann

 

For further information about Strategic Natural Resources plc please visit www.snrplc.co.uk

 

 

Regulatory disclosures

 

Mark William Rosslee (aged 50) holds or has held the following directorships in the past 5 years:

 

Current directorships:

 

·; Chessboard Trade and Investments 116 (Pty) Ltd

·; Vleiloerie Beleggings CC

·; Tekiba 10 (Pty) Ltd

·; Cinzaco 103(Pty) Ltd

 

Previous directorships (last 5 years)

 

·; Bauba Platinum Limited

·; Absolute Group Management (Pty) Ltd

·; Bauba A Hlabirwa Mining Investments (Pty) Ltd

·; Canyon Springs Investments 116 (Pty) Ltd

·; Ndarama Mineral Resources (Pty) Ltd

·; Niemoller Marmer (Pty) Ltd

·; Central African Gold Technical Services (Pty) Ltd

 

Mark does not hold any ordinary shares in SNR. He has 200,000 outstanding options in the Company, exercisable at 19.64p per option.

 

There is no further information on Mark William Rosslee required to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.

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