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Pin to quick picksXtract Regulatory News (XTR)

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1.25    0.15 (13.64%)
Bid:
1.20
Ask:
1.30
Spread: 0.10 (8.333%)
Market Cap: £10.70m
XTR Live PriceLast checked at - London Stock Exchange

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CFO Appointment

5 Jun 2013 07:00

RNS Number : 3025G
Xtract Energy plc
05 June 2013
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5 June 2013

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XTRACT ENERGY PLC

("Xtract" or the "Company")

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CFO Appointment

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Xtract (AIM: XTR) is pleased to announce the appointment of Joel Silberstein CA(SA), ACA as its Chief Financial Officer.

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Joel is a Chartered Accountant with over 10 years experience in the area of financial accounting and reporting, primarily in the mining industry. After completing his training at Mazars, Cape Town, Joel held the position of Group Controller and Vice President Finance of Toronto Stock Exchange quoted European Goldfields Limited until the Company was acquired by Eldorado Gold Corporation in February 2012.

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Colin Bird, Chairman, commented: "I am delighted to welcome Joel to the growing team at Xtract. 2013 looks set to be an exciting year for the business as the team expands, and with the recent appointment of Jan Nelson as CEO we are now looking a new opportunities for the business in the precious metals and base metals arena."

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Enquiries please contact:

Xtract Energy PLC

Colin Bird, Executive Chairman

Jan Nelson, Chief Executive Officer

Peter Moir, Executive Director

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+44 (0) 137 237 9722

+44 (0) 137 237 9722

+44 (0) 137 237 9722

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Cenkos Securities PLC

Jon Fitzpatrick

Alan Stewart

Derrick Lee

+44 (0) 207 397 8900

+44 (0) 131 220 6939

+44 (0) 131 220 9100

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Gable Communications

Justine James

+44 (0) 207 193 7463

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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