Board Changes

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.

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