LONDON (Alliance News) - Premier Gold Resources PLC Tuesday said its Non-Executive Chairman Bob Stewart, a Member of Parliament, has resigned from the board with immediate effect to focus on on his parliamentary duties.
In a statement, the company said Non-Executive Director Christian Schaffalitzky will become interim non-executive chairman until a suitable replacement is found. Schaffalitzky is a senior metals exploration and development geologist with 38 years experience in the field.
"It is with great regret that I have to leave the board due to my other commitments. I am very confident that Premier Gold is in good hands and I wish the company every success in its minerals development strategy," said Stewart.
Premier Gold Resources shares were up 3.1% to 0.0670 pence per share Tuesday afternoon.
By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance
Copyright 2014 Alliance News Limited. All Rights Reserved.
