2 Nov 2010 10:40
02 November 2010
Strategic Natural Resources PLC
("SNR" or the "Company")
Appointment of Finance Director
The Board of Strategic Natural Resources (AIM:SNRP) is pleased to announce that Edward Cox has been appointed as Finance Director of SNR, with immediate effect.
Edward succeeds Elizabeth Shaw who has been the Company's Finance Director since the Company's Admission to AIM on 7 August 2007.
Edward has extensive experience with SME's and early stage companies and has held a number of senior roles, including as Chief Executive and Finance Director in a range of quoted and unquoted companies. He qualified as a Chartered Accountant with Thomson McClintock and obtained his MBA from Manchester Business School in 2001.
David Nel, CEO of SNR, commented "We are delighted to have Edward join our team. He will bring valuable experience to the role at this juncture, and we look forward to working with him in the evolution and expansion of SNR."
For further information, please contact:
Strategic Natural Resources plc
David Nel, Chief Executive Officer
+27 (0) 41 374 0842
Jeremy Metcalfe, Communications Director
+44 (0)7785 346 718
Nominated Adviser and Joint Broker - Allenby Capital Limited
Nick Naylor / James Reeve
+44 (0) 20 3328 5656
Joint Broker - SP Angel Corporate Finance Limited
Emin Eyi / Tercel Moore
+44 (0) 207 647 9646
Financial PR/IR - Blythe Weigh Communications
+44 (0) 207 138 3204
Ana Ribeiro / Tim Blythe / Matthew Neal
For further information about Strategic Natural Resources plc please visit www.snrplc.co.uk.
Regulatory Disclosures
Edward David Cox (61) is a Member of the Institute of Chartered Accountants of Scotland and is or has been a director of the following companies in the last 5 years:
Current Directorships | Directorships within the last 5 years |
·; Subsea Resources plc. ·; Tomango Holdings (Gibraltar) Ltd | ·; Comex Deep Sea Salvage Ltd ·; Cellfacts Ltd ·; Edward Cox Associates Ltd ·; BluePrint Associates Ltd |
Subsea Resources plc. ("Subsea"), a company of which Edward Cox has been a director since May 2007, was placed into administration on 11 April 2008 and subsequently into Creditors Voluntary Liquidation on 02 April 2009. Subsea received a public criticism from AIM in February 2008 in relation to certain breaches of the AIM Rules that occurred in 2005 and 2006 prior to Mr Cox becoming a director of Subsea.
There are no further disclosures to be made in relation to Mr Cox under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.