Directorate Change

RNS Number : 7016V

Scotgold Resources Ltd

18 January 2012

 



18 January 2012

Scotgold Resources Limited

("Scotgold" or "the Company")

Appointment of Executive Chairman

John Bentley, who has been Non-Executive Chairman of the Company since February 2009, has been appointed Executive Chairman.

This change reflects the development of the Company in light of the recent granting of planning permission on the Cononish gold and silver project, with which Mr Bentley was heavily involved.

John Bentley commented:

"My colleagues on the Board felt it sensible that I take on executive status at this juncture: complex project planning and funding decisions will need to be taken over the next few months and it is crucial that the management team is developed to reflect the changing requirements of the Company."

Mr Bentley, who holds a degree in Metallurgy, has over 40 years of experience in the natural resources sector and currently serves as a non-executive on the board of a number of resource companies, including Faroe Petroleum.

For further information please contact:

United Kingdom:

Scotgold Resources Limited	Westhouse Securities Limited	Bankside Consultants
John Bentley (Chairman) Chris Sangster (CEO)	Richard Baty / Petre Norton	Simon Rothschild / Elena Kuza
Tel: [phone]	Tel: [phone]	Tel [phone]

Australia:

Scotgold Resources Limited	Professional Public Relations
Shane Sadleir (Non-Executive Director)	Karen Oswald
Tel:          [phone] Mobile: [phone]	Tel:          [phone] Mobile: [phone]

 

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