7 Jan 2015 07:00
7 January 2015
Altona Energy Plc
("Altona" or "the Company")
Directorate Change
Altona (AIM: ANR) is pleased to announce the following board changes.
Mr Michael Zheng has been appointed Chief Executive Officer, having previously been Chairman of the Company, while Mr Zhang Qinfu has been appointed Chairman, having previously been an Executive Director of the board.
The Company continues its search for a suitable UK-based non-Executive Director and will update shareholders when an appointment has been made.
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For further information, please visit www.altonaenergy.com or contact:
Altona Energy Plc Michael Zheng, CEO
| +8610 596 96 162
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Leander (Financial PR) Christian Taylor- Wilkinson
| +44 (0)7795 168 157 | |
Northland Capital Partners Limited (Nominated Adviser and Broker) Gerry Beaney / Matthew Johnson (Corporate Finance) | +44 (0) 20 7382 1100 | |
John Howes / Alice Lane (Corporate Broking)
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About Altona
Altona is listed on the London Stock Exchange's AIM market. Its principal focus is on the evaluation and development of the Company's flagship coal-to-methanal, coal chemical and synthetic gas Arckaringa Project to exploit the significant coal resources contained in three exploration licences covering 2,500 sq. kms in the northern portion of the Permian Arckaringa Basin in South Australia. The Project is designed to produce methanol and other syngas products for the Australian market and export from a resource exceeding to 7.8 billion tonnes.
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