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9 Jan 2012 10:06
9 January 2012 | AIM: GMA |
GMA Resources Plc
("GMA" or the "Company")
Directorate Change
On 21 December 2011 it was announced that following the adoption of the new investing strategy David Netherway, François Gauthier and Omar El-Alfy would resign from the Board on completion of the disposal of Enterprise d'Exploitation des Mines d'Or ("the Disposal"). Discussions are at an advanced stage but are not expected to be completed for some weeks. Accordingly, in order to minimise the cost of running the Company, the above directors have tendered their resignation with immediate effect. Ralph Browning and Ken Crichton have been appointed as Non-executive Chairman and Non-executive Director, respectively.
Enquiries:
GMA Resources Plc | Ken Crichton | +2 (0) 10766 6118 |
Merchant Securities Limited (Nomad) | David Worlidge | +44 (0) 20 7628 2200 |
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