Resignation of Director

RNS Number : 5694U

Edenville Energy PLC

08 April 2016

 

8 April 2016

EDENVILLE ENERGY PLC

("Edenville" or the "Company")

Resignation of Director

Edenville Energy plc (AIM:EDL), the Company developing a coal-to-power project in south west Tanzania announces the resignation of Sally Schofield, Non-Executive Chairman of the Company.

Sally has made the decision to resign for personal reasons and to allow her to fully manage her personal commitments outside of Edenville.  Sally's contract provides for one month's notice during which time she will be ensuring an orderly transfer of responsibilities to the Company's CEO Rufus Short who will assume the responsibilities of Chairman whilst options for the appointment of a new permanent Chairman are considered. Sally will also remain available to assist the Company on a consultancy basis as required.

The Company would sincerely like to thank Sally for her strong contribution and dedication during her time with Edenville.  Sally has been with the Company since its formation in March 2010 when the Rukwa deposit was largely unexplored. She has given significant guidance and strong support throughout this time, first as a Non-Executive Director and later as full time Executive Chairman before moving to Non-Executive Chairman in June 2015. 

Sally leaves the Company in a strong position moving forward.  It has the key personnel and consultants in place to work towards the successful funding and development of the Company's Rukwa Coal to Power Project.     

Contact
Edenville Energy Plc Rufus Short - CEO	[phone]
Cantor Fitzgerald Europe (Nominated Advisor and Corporate Broker) Stewart Dickson Phil Davies	[phone]
IFC Advisory (Financial PR and IR) Tim Metcalfe Graham Herring Heather Armstrong	[phone]

 

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