18 Jan 2012 07:00
18 January 2012
Scotgold Resources Limited
("Scotgold" or "the Company")
Appointment of Executive Chairman
John Bentley, who has been Non-Executive Chairman of the Company since February 2009, has been appointed Executive Chairman.
This change reflects the development of the Company in light of the recent granting of planning permission on the Cononish gold and silver project, with which Mr Bentley was heavily involved.
John Bentley commented:
"My colleagues on the Board felt it sensible that I take on executive status at this juncture: complex project planning and funding decisions will need to be taken over the next few months and it is crucial that the management team is developed to reflect the changing requirements of the Company."
Mr Bentley, who holds a degree in Metallurgy, has over 40 years of experience in the natural resources sector and currently serves as a non-executive on the board of a number of resource companies, including Faroe Petroleum.
For further information please contact:
United Kingdom:
Scotgold Resources Limited | Westhouse Securities Limited | Bankside Consultants |
John Bentley (Chairman) Chris Sangster (CEO) | Richard Baty / Petre Norton | Simon Rothschild / Elena Kuza |
Tel: +44 (0)77 2562 9509 | Tel: +44 (0)20 7601 6100 | Tel +44 (0)20 7367 8888 |
Australia:
Scotgold Resources Limited | Professional Public Relations |
Shane Sadleir (Non-Executive Director) | Karen Oswald |
Tel: +61 (8) 9428 2950 Mobile: +61 (0) 411 704 498 | Tel: +61 (8) 9388 0944 Mobile: +61 (0) 423 602 353 |