Sign In
2 Mar 2017 09:12
("CIC Gold" or the "Company")
Corporate Update
CIC Gold (LSE:"CICG" or the "Company") is pleased to provide the following general corporate update.
New Director Appointment
The Company is pleased to confirm the appointment of Mr. Kevin Holley as Non-Executive Director effective from March 1, 2017. Mr. Kevin Holley has some 34 years international experience as a Director and Geotechnical Engineer including 16 years with SRK Consulting, one of the World's leading multi-disciplinary mining advisory companies. Mr. Kevin Holley is a Chartered Engineer (CPEng), a Fellow of the Australasian Institute of Mining and Metallurgy, Fellow of Engineers Australia. Mr. Kevin Holley detailed profile is available on the Company's website www.CICGold.com.
Mr. Jeffrey Karoly is to retire from the board and act as independent advisor to the company. Mr. Jeffrey Karoly is to be appointed to an un-related company seeking a public listing on the London Stock Exchange.
The Company maintains a 3/2 ratio of independent non-executive directors vs. executive directors to ensure highest standards of corporate governance.
Gobi Mineral Group Acquisition
The Company announced that it was subject to a regulator enquiry on January 4, 2017. Post this announcement the vendors have withdrawn from the acquisition until the Company is trading on a designated exchange.
ENQUIRIES
Yuan Yuan yuanyuan@cicgold.com
Follow the stocks
