Bezant Resources PLC Regulatory News (BZT)

24 Oct 2007 12:46

Bezant Resources PLC24 October 2007 Bezant Resources Plc ("Bezant" or "the Company") Board Changes Bezant (AIM: BZT), the AIM listed exploration and development company with goldand copper assets in Tanzania and the Philippines, today announces the followingchanges to the Board of the Company. Mr Ronnie Siapno, aged 43, has been appointed as a Non-executive Director withimmediate effect, replacing Melissa Sturgess, who, due to her other workcommitments, has today stepped down from the Board. Melissa will remain closelyassociated with the Company in a consulting capacity. Mr Siapno graduated from the Saint Louis University in the Philippines in 1986with a Bachelor of Science degree in Mining Engineering and is currently amember of both the Philippine Institute of Mining, Metallurgical and GeologicalEngineers and the Philippine Society of Mining Engineers. Since graduation, MrSiapno has held various consulting positions such as Mine Planning Engineer toBenguet Exploration Inc., Mine Production Engineer to Pacific ChromeInternational Inc., Exploration Engineer to both Portman Mining Philippines Inc.and Phoenix Resources Philippines Inc. and Geotechnical Engineer to PacificFalkon Philippines Inc. Mr Siapno is currently the President of Crescent Mining and DevelopmentCorporation and is highly regarded especially in respect of his liaison withGovernment Institutions in relation to both technical and environmentalcompliance matters throughout the mining industry within the Philippines. In addition, Mr Tony Hopkins has announced his retirement from the main Board ofthe Company, but shall continue as a non-executive Director of the Company'swholly owned subsidiary, Anglo Tanzania Gold Limited. The remainder of the Board shall continue unchanged, comprising Mr CliveSinclair-Poulton (CEO), Dr Bernard Olivier (Technical Director), Mr MarkBurchnall (Executive Director) and Mr Gerry Nealon (Non-executive Chairman). Mr Clive Sinclair-Poulton, Chief Executive, commented: "We welcome Ronnie as a Non-executive Director and believe that he will be agreat asset to the Company, not only in relation to the development of ourFilipino copper-gold porphyry project, but also as we further our relationshipsthroughout the Philippines. Whilst we regret that Tony has retired from the main Board, we are delightedthat he is able to continue on the Board of Anglo Tanzania Gold Limited, wherehis knowledge of both Tanzania and the associated geology shall remain of greatassistance in the ongoing exploration of our Mkurumu project. We also thank Melissa for her outstanding contribution during our transitionover the past twelve months from being an investment company to a fully fundedand operational exploration company. Going forward, we believe that the structure of the revised Board will enable usto best achieve our goals of further defining a compliant Resource/Reserve inrelation to our existing assets within both Tanzania and the Philippines,thereby increasing the Company's attractiveness both to current shareholders andfuture investors." Additional Information: Save for his aforementioned current directorship of Crescent Mining andDevelopment Corporation, there is no further information required to bedisclosed in accordance with Schedule Two paragraph (g) of the AIM Rules inrelation to Mr Siapno. For further information, please contact: Clive Sinclair-Poulton, Chief ExecutiveBezant Resources Plc Tel: +353 (0) 85 739 2674Email: clive@bezantresources.com James Harris / Matthew ChandlerStrand Partners Limited Tel: + 44 (0) 207 409 3494 Gary MiddletonSt Swithins PR Limited Tel: + 44 (0) 7951 603 289Email: gary@swithins.com This information is provided by RNS The company news service from the London Stock Exchange