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Directorate Change

17 Apr 2018 08:31

RNS Number : 1374L
Crusader Resources
17 April 2018
 

17 April 2018

 

Directorate Changes

 

 

Crusader Resources Limited (ASX: CAS, AIM: CAS) ("Crusader" or the "Company"), the independent gold explorer and developer, is pleased to announce the appointment of Andrew Vickerman as Non-Executive Chairman of the Company, with immediate effect. Further details relating to Andrew Vickerman under schedule 2 paragraph (g) of the AIM Rules were contained in the Company's admission document dated 12 April 2018.

 

Andrew brings significant experience to the role and is currently also a member of the Board of Trafigura Pte Ltd, an independent commodity trading and logistics house. He was a non-executive director at Petropavlovsk PLC, a London listed mining company and spent almost 20 years with Rio Tinto, the last 10 years as a member of the Operations and Executive Committees with responsibility for global communications and external relations.

 

As part of Crusader's London AIM listing and as previously announced, Stephen Copulos has stepped down as Chairman and Director, with immediate effect. The Company wishes to thank Stephen for his support since his appointment in March 2013. Stephen remains a significant shareholder of the Company.

 

 

For further information, please contact:

 

Mr. Paul Stephen

Executive Director

Office (Aus): +61 8 9320 7500

Email: paul@crusaderresources.com

 

Investor Relations

Office (Aus): +61 8 9320 7500

Email: admin@crusaderresources.com 

 

Smith & Williamson Corporate Finance Limited (Azhic Basirov / Katy Birkin / Ben Jeynes)

Nominated Adviser

Office: +44 (0)20 7131 4000

 

Hannam & Partners (Neil Passmore / Andrew Chubb)

Joint Financial Adviser, Joint Lead Manager and Joint Broker

Office: +44 (0)20 7907 8500

 

Camarco (Gordon Poole / Nick Hennis)

Financial PR

Office: +44(0)20 3757 4997 / +44(0)20 3781 8330

 

About Crusader

Crusader Resources Limited (ASX: CAS, AIM: CAS) is a minerals exploration and development company listed on the Australian Securities Exchange and the AIM Market of the London Stock Exchange. Its major focus is Brazil; a country Crusader believes is vastly underexplored and which offers high potential for the discovery of world class mineral deposits.

Crusader has two key Gold Assets;

Borborema Gold Project

The Borborema Gold Project is in the Seridó area of the Borborema province in north-eastern Brazil. It is 100% owned by Crusader and consists of three mining leases covering a total area of 29 km2 including freehold title over the main prospect area.

The Borborema Gold Project benefits from a favourable taxation regime, existing on-site facilities and excellent infrastructure such as buildings, grid power, water, sealed roads and is close to major cities and regional centres. The project's Ore Reserve includes Proven and Probable Ore Reserves of 1.61Moz of mineable gold from 42.4Mt @ 1.18g/t (0.4 & 0.5g/t cut-offs for oxide & fresh). The measured, indicated and inferred Mineral Resource Estimate of 2.43Moz @ 1.10g/t gold, remains open in all directions.

Juruena Gold Project

The Juruena Gold Project is located in the highly prospective Juruena-Alta Floresta Gold Belt, which stretches east-west for >400km and has historically produced more than 7Moz of gold from 40 known gold deposits. Historically there is a database of more than 30,000 meters of drilling and extensive geological data.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
BOAGRGDSCDBBGIR
Date   Source Headline
7th Mar 20199:46 amRNSInitial Director's Interest Notice - Appendix 3X
7th Mar 20199:45 amRNSStrategies for the future of Crusader
7th Mar 20199:40 amRNSFinal Director's Interest Notice - Appendix 3Z
1st Mar 201910:00 amRNSAppointment of new Directors
28th Feb 201911:00 amRNSResult of General Meeting
22nd Feb 201912:45 pmRNSAgreement on funding proposal and Board changes
22nd Feb 201911:05 amRNSResignation of Nominated Adviser
13th Feb 20197:00 amRNSSection 249D Request Notice of General Meeting
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5th Feb 201911:35 amRNSHolding(s) in Company
1st Feb 20197:00 amRNSAppendix 3Z Final Director's Interest notice
31st Jan 20198:02 amRNSQuarterly Activities Report and Appendix B
30th Jan 20197:00 amRNSProposed cancellation of Ordinary Shares on AIM
29th Jan 20197:02 amRNSCrusader Funding Update
29th Jan 20197:01 amRNSHolding(s) in Company
29th Jan 20197:00 amRNSNotice under section 249D of the Corporations Act
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5th Nov 20187:01 amRNSOperational Update
5th Nov 20187:00 amRNSResignation of Nominated Adviser
31st Oct 20187:17 amRNSQuarterly Activities Report and Appendix 5B
30th Oct 20181:07 pmRNSDirectorate Change
29th Oct 20182:00 pmRNSPosse Update
1st Oct 20187:30 amRNSSuspension - Crusader Resources Limited
1st Oct 20187:00 amRNSSuspension of Trading
14th Sep 20187:00 amRNSInterim Results
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20th Aug 20187:00 amRNSBorborema BFS - Metallurgical Testing
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1st Aug 20187:00 amRNSQuarterly Activities Report
30th Jul 20187:00 amRNSLicensing Update - Borborema Gold Project
11th Jul 20187:00 amRNSCorporate Update
9th Jul 20183:20 pmRNSPosse Update
19th Jun 20189:00 amRNSChange of Registered Office
12th Jun 20187:00 amRNSLondon Investor Presentation Evening
8th Jun 20187:00 amRNSJuruena Gold Project Drilling Update
30th May 20187:00 amRNSResult of AGM
11th May 20187:00 amRNSCorporate Presentation
9th May 20187:07 amRNSBorborema BFS ? Commencement of Met Testing
2nd May 20181:38 pmRNSNotice of AGM
1st May 20187:00 amRNSQuarterly Activities Report - March 2018
17th Apr 20188:31 amRNSDirectorate Change
16th Apr 20187:25 amRNSFirst Day of Dealings on AIM
24th Jun 20054:31 pmRNSNet Asset Value(s)

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