eEnergy Group Regulatory News (EAAS)

1 Aug 2006 07:00

Alexander Mining PLC01 August 2006 Alexander Mining PLC 1st August 2006 Board Changes Alexander Mining plc ("Alexander" or "the Company"), the AIM-listed copper, goldand silver mining company with projects in Argentina and Peru, is pleased toannounce the following board changes. Mr Roger Davey has been appointed to the board of directors as a Non-ExecutiveDirector, with effect from 1 August 2006 and Mr Martin Rosser, currently Head ofBusiness Development, has been appointed to the board of directors as anExecutive Director with responsibility for business development, with effectfrom 1 August 2006. Mr John Hodder, who has been a Director of the companysince March 2005, will step down with effect from 1 September 2006.Matt Sutcliffe, Chairman and Chief Executive, said: "the Board is delighted thatboth Roger and Martin have agreed to become directors: Roger has outstandingmining experience, especially in South America and Martin is a key member ofAlexander's management team. The board would like to thank John for hissignificant efforts since the foundation of the company". Roger Davey, non executive Director Mr Roger Owen Davey (60) is a Chartered Mining Engineer with over thirty years'experience in the mining industry. He is presently an Assistant Director andthe Senior Mining Engineer at N M Rothschild (London) in the Mining and Metalsproject finance team, where for the last eight years he has had responsibilityfor the assessment of the technical risks associated with current andprospective project loans. Prior to this, his experience covered the financing,development and operation of both underground and surface mining operations ingold and base metals at senior management and Director level in South America,Africa and the United Kingdom. Previous positions included Director, Vice president and General Manager ofMinorco (AngloGold) subsidiaries in Argentina (1994 - 1997), where he wasresponsible for the development of the US$270m Cerro Vanguardia gold-silvermine; Operations Director of Greenwich Resources plc, London (1984 - 1992);Production Manager for Blue Circle Industries in Chile (1979 - 1984); andvarious production management roles in Gold Fields of South Africa (1971 -1978). Roger is a graduate of the Camborne School of Mines (1970), with a Master ofScience degree in Mineral Production Management from Imperial College, LondonUniversity (1979). He is a Chartered Engineer (C.Eng.), a European Engineer(Eur. Ing.) and a Member of the Institute of Materials, Minerals and Mining(MIMMM). He is fluent in Spanish (conversational and commercial). Roger Davey has been a Non-Executive Director of Serabi Mining (AIM) since March2005 and a Non-Executive Director of GoldQuest Mining (TSX) since July 2004. On appointment to the Board, Roger Davey has been awarded an option over 250,000ordinary 10p shares at an exercise price of 30p, vesting after a period of twoyears. Martin Rosser, Director of Business Development Mr Martin Lovatt Rosser, currently Head of Business Development at Alexander,has been appointed to the Board of Directors as an Executive Director withresponsibility for business development, with effect from 1 August 2006. Martin (46) has 25 years' practical industry and financial markets experiencesince graduating with a Bachelor of Science Degree in Mining Engineering fromthe Camborne School of Mines in 1981. Initially, he spent five years working asa mining engineer in Australia, both on underground and surface gold mines,including time with Western Mining Corporation as Shaft Superintendent atCentral Norseman. In 1987, he returned to the UK and worked as a mining analystwith two City stockbrokers before he joined the FSA authorised and regulatedDavid Williamson Associates Limited (DWA - now VSA Resources Limited - VSA) in1989 as a founder employee and then executive director. During his time withDWA/VSA, until leaving to join Alexander in June 2005, he developed extensiveworldwide mining industry contacts in the course of providing natural resourcescorporate finance and investor relations services to the firm's clients seekingexposure to European investment institutions. Martin is a Chartered Engineer (C.Eng.) and a Fellow of The Institute ofMaterials, Minerals and Mining (FIMMM). Previous positions included Director,St Helen's Capital plc 2001- September 2002, and Director, VSA Resources Limited1991 - March 2005. Martin Rosser has been a Non-Executive Director of Afriore Limited (listed onthe Toronto Stock Exchange and AIM) since November 2001. On appointment to the Board, Martin Roser has been awarded an option over250,000 ordinary 10p shares at an exercise price of 30p, vesting after a periodof two years. John Hodder, who has been a Director of the company since March 2005, and isbased in Brisbane, will step down from the Board with effect from 1 September2006. The Company announces that there is no additional information required fornotification in accordance with Schedule 2 (g) of the AIM Rules. For further information please contact: Alexander Mining plcMatt Sutcliffe, Chairman and Chief Executive Officer1st Floor35 PiccadillyLondonW1J 0DWTel: +44 (0) 20 7292 1300Fax: +44 (0) 20 7292 1313Mobile: +44 (0) 7887 930 758Email: mail@alexandermining.comWebsite: www.alexandermining.com Nominated Advisor and BrokerGraham SwindellsArbuthnot Securities LimitedArbuthnot House20 Ropemaker StreetLondonEC2Y 9ARTel: +44 (0) 20 7012 2000 Public/Media RelationsGary MiddletonSt Swithins Public RelationsTel: +44 (0) 20 7929 4391Mobile: +44 (0) 7951 603 289 Notes for editors Alexander Mining plc is a mining company that intends to grow rapidly into a lowcost and highly profitable diversified metal producer. The Company has a highlyskilled management team with expertise in both natural resources and finance. END This information is provided by RNS The company news service from the London Stock Exchange