9 Feb 2009 12:20
Titanium Resources Group
Appointment of Non Executive Director
9 February 2009: Titanium Resources Group ("TRG" or "the Company") announces the appointment of Mr. Jean Lindberg Charles as a Non Executive Director.
Mr. Charles has significant financial and auditing experience as well as a deep understanding of the Company's operations. From April 2005 to October 2008, Mr. Charles worked as Group Financial Controller for TRG, based at the Sierra Rutile minesite. Whilst at TRG, Mr. Charles was responsible for implementing a new management information system, setting up the accounts department for Sierra Rutile and developing the Company's multi dredge financial model.
Prior to joining TRG Mr. Charles worked as an auditor for Ernst & Young and as Country Financial Controller of Le Meridien Hotels & Resorts in the Seychelles and Gabon. Mr Charles is a Fellow of the Chartered Association of Certified Accountants, England & Wales (FCCA) and a Non Executive Director of Raphael Fishing Company Limited, a company incorporated in Mauritius.
Walter Kansteiner, Chairman, said:
"I would like to welcome Lindberg to the Board and look forward to working with him as we continue the development of TRG. Lindberg brings significant additional expertise to the Board which will enable us to more effectively respond to the challenges facing the Company."
The TRG Board now comprises:
Walter Kansteiner, Non Executive Chairman
John Sisay, Chief Executive
Raju Jaddoo, Chief Financial Officer
Rod Baker, Non Executive Director
Alex Kamara, Non Executive Director
Jean Lindberg Charles, Non Executive Director
Save as disclosed below, there is nothing further to disclose in relation to the appointment of Mr. Jean Lindberg Charles under Schedule Two, paragraph (g) of the AIM Rules:
Full name: Jean Lindberg Charles
Previous names: N/a
Age: 37
In addition to his directorship of the Company, Mr Charles is, or has been, a director or partner of the following companies or partnerships, in the previous five years:
Current directorships/partnerships
- Raphael Fishing Company Limited
Past directorships/partnerships
- None
ENDS
For further information:
TRG
John Sisay, Chief Executive
Walter Kansteiner, Non-Executive Chairman
Tel: +44 (0) 207 321 0000
Ambrian Partners Limited
Nominated Adviser
David Nabarro
Tel: +44 (0) 20 7634 4700
Arbuthnot Securities
John Prior
Tel: +44 (0) 20 7012 2000
Aura Financial
Michael Oke/Andy Mills
Tel: +44 (0) 207 321 0000
Titanium Resources Group
Titanium Resources Group is a mining company with operations in the Republic of Sierra Leone. The Group is the country's largest private sector employer and produces rutile and ilmenite for use in industrial applications. The Group's operations historically accounted for over 65 per cent of the exports of Sierra Leone.