11 May 2009 17:04
Board Changes
11 May 2009: Titanium Resources Group ("TRG" or "the Company") is pleased to announce the appointment Mr. François Colette as a Non-Executive Director with immediate effect.
Mr. Colette has more than 25 years experience in mining in Africa having worked for Gécamines and AMFI-Adastra. While at AMFI-Adastra he was in charge of their copper, cobalt and zinc projects, including Kolwezi Tailings. Between 1990 and 1996, Mr Colette worked as a consultant mainly to Sofremines (France) in relation to a number of copper, cobalt, zinc and gold projects in Romania, Russia, Kazakhstan, Zaire, and Cuba.
John Sisay, Chief Executive, said:
"I would like to welcome François to the Board and look forward to working with him as we continue the development of TRG. François brings significant operational mining and metallurgical expertise which will be invaluable to the Company."
In relation to Mr Colette's appointment, there is nothing further to disclose in relation to his appointment under Schedule Two, paragraph (g) of the AIM Rules for Companies, save as disclosed below:
Full name: François Ferdinand Joseph Colette
Previous names: None
Age: 70
In addition to his directorship of the Company, Mr Colette is, or has been, a director or partner of the following companies or partnerships, in the previous five years:
Current directorships/partnerships
None
Past directorships/partnerships
Congo Mineral Developments Limited
Kyngamyambo Musonoi Tailing SARL
Roan Prospecting and Mining SPRL
Zincongo Limited
The TRG Board now comprises:
Walter Kansteiner, Non-Executive Chairman
John Sisay, Chief Executive
Jean Lindberg Charles, Chief Financial Officer
Rod Baker, Non-Executive Director
François Colette, Non-Executive Director
Raju Jaddoo, Non-Executive Director
Alex Kamara, Non-Executive Director
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.