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Premier Gold Chairman Resigns To Focus On Parliamentary Duties

Tue, 14th Oct 2014 14:48

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.

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