Appointment of Laurie Marsland as a Director

RNS Number : 0208N

Berkeley Resources Limited

25 August 2011

 



25 August 2011

BERKELEY RESOURCES LIMITED

Appointment of Mr Laurie Marsland as a Non-Executive Director

The Board of Berkeley Resources Limited (the Company) is pleased to advise that it has appointed Mr Laurence (Laurie) Douglas Marsland as a non-executive Director, effective from 25 August, 2011. Mr Marsland is an engineer with more than thirty years' of diverse experience in the international mining industry, largely in senior management and executive director roles. Since 2000 he has worked extensively in Europe, including Spain.

Mr Marsland has a strong background in project management, and in the acquisition and development of government owned mining assets in Eastern Europe. His extensive experience will further strengthen the Board's strategic processes as the Company continues to work towards uranium production in Spain.

Mr Marsland worked for Minproc Engineers for more than 15 years in project engineering and engineering management of mining projects in Australia, West African, Latin America and USA. During this period he helped establish that company's North American arm, Mincorp Limited, before taking up the role of President and CEO of Laguna Gold and overseeing its listing on the TSX.

Subsequent experience includes Vice President, Project Development for Gabriel Resources, then Executive Vice President and Chief Operating Officer for Dundee Precious Metals Inc. where he was responsible for the development and operation of its mining assets after renegotiating the acquisition of the substantial Chelopech gold-copper mine from the Bulgarian Government.  He is currently a partner in PLC Partners S.A., a private company incorporated to pursue resource development opportunities.

Mr Marsland is.an Australian citizen, and resides in Sofia, Bulgaria. He has a degree in Mechanical Engineering from Curtin University and an MSc in Management from Stanford University.

Enquiries -       Managing Director:                 Brendan James   Tel:  [phone]

                        RBC Capital Markets:             Martin Eales        Tel: [phone]

Further information on Mr Marsland as required by Rule 17 and Schedule 2(g) of the AIM Rules for Companies:

Laurence Marsland, aged 57

Former directorships and/or partnerships (within the last five years):

Goldbelt Resources Limited

Details of receiverships:

Mr Marsland, for a 12 month period, was CEO of Navan Mining PLC which was placed into administrative receivership by its lender, Deutsche Bank, which had security over the company's assets resulting from loans it had advanced to the company

Save as disclosed above, there is nothing further to disclose in accordance with AIM Rule 17 under Schedule 2(g) of the AIM Rules for Companies.     

 

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