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8 Feb 2010 11:30
8 February 2010
Strategic Natural Resources plc
("SNR" or the "Company")
Board Changes
The Board of SNR announces that, on 5th February 2010, it appointed David Nel, currently the Company's Operations Director, as the Company's Chief Executive Officer with immediate effect. He takes up the position in succession from Jeremy Metcalfe, who has led the Company since 2005. Jeremy Metcalfe will remain on the Board of SNR and will serve as Communications Director.
Commenting on the Board changes, Richard Latham, Chairman of SNR said:
"I am delighted to announce the appointment of David Nel as the Company's Chief Executive Officer. His role will be to spearhead SNR's ambitious growth plans in South Africa where it is bringing into production the only major coal reserve of commercial scale in the Eastern Cape. I know he will be ably assisted by Jeremy Metcalfe as the Company's Communications Director.
I would like to convey the Board's appreciation of Jeremy's valuable contribution in the Company's early years."
For further information contact:
The Company: David Nel, Chief Executive Officer/Jeremy Metcalfe, Communications Director Strategic Natural Resources plc Tel: +44 (0) 1303 874 798
Nominated Adviser: Nick Naylor/Jamie Boyd
Allenby Capital Limited Tel: +44 (0) 203 328 5656
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