Union Resources Ltd
Resignation of Chairman
The Chairman of Directors of Union Resources Limited (Union) for the past 16
years, Mr Ian Burton has elected to retire from his involvement in the Company.
In his letter of resignation Mr Burton expressed the view that "as the
operation and focus of the company's activities has advanced and as Union moves
towards large scale mining operations outside Australia I feel that the
opportunity now exists for me to take this step responsibly".
The Company understands Mr Burton's view and takes this opportunity to publicly
thank him for his many years of dedicated service to the Company and its
Union is seeking a new Chairman appropriate to the Company's projected future
as a major base metals producer. In the interim, Mr James Collins-Taylor will
be the Acting Chairman of Directors. Mr Collins-Taylor is a Hong Kong based
funds manager and has extensive corporate finance experience.
UNION RESOURCES LIMITED
For further information:
Union Resources Limited (Tel: 00 61 7 3833 3833)
Rob Murdoch - Managing Director
Hanson Westhouse LLP (Tel: 020 7601 6100)
Bankside Consultants (Tel: 020 7367 8888)