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29 May 2009 15:50
REGENCY MINES PLC
Board Changes
Dated: 29 May 2009
Regency Mines plc ("Regency" or the "Company") the mining exploration and mineral investment company with interests in copper and nickel in Western Australia, Queensland, and Papua New Guinea, announces that Ken Watson, managing director, has resigned with immediate effect to concentrate on other activities. Ken, aged 71, has been with the Company since its formation in 2004.
Chairman and CEO Andrew Bell commented "In consequence of Ken's decision to step down from our affiliate Red Rock Resources plc's board to concentrate on building up the promising business of one of its investee companies in an area where he has specific expertise, he has decided to step down also from our board. It is with sadness that we see him go after five years of successful endeavour together, but we respect his desire to pursue this opportunity. We will always be grateful for his role in establishing the business and for his originality of thought and creativity. We wish him well. The operating management on our major projects continues unaffected."
Enquiries:
|
Andrew Bell |
0207 402 4580 or 07766 474849 |
Red Rock Resources plc |
Chairman |
|
Peter Trevelyan-Clark / Ben Jeynes |
020 7489 4500 |
Blomfield Corporate Finance Ltd |
Nominated Adviser |
|
Nick Emerson |
01483 413500 |
Simple Investments Ltd |
Broker |
|
Ron Marshman / John Greenhalgh |
020 7011 9411 |
Lothbury Financial Limited |
Public Relations |
Updates on the Company's activities are regularly posted on its website, www.regency-mines.com.
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