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Titanium Resources (SRX)

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Tuesday 03 February, 2009

Titanium Resources

Directorate Change

RNS Number : 6660M
Titanium Resources Group Ltd
03 February 2009
 




Directorate Change


3 February 2009: Titanium Resources Group ('TRG' or 'the Company') announces the resignation of Len Comerford as Chief Executive Officer of the Company with immediate effect 

The Board has appointed John Sisay, currently a Director of TRG, as the Company's new Chief ExecutiveThe Board also expects to announce the appointment of additional Non-Executive Directors shortly.

Walter KansteinerChairman of TRG, said:

'The Board is grateful to Len for his significant contribution to the Company over the last three years and we wish him well for the future.  I would also like to congratulate John on his appointment as Chief Executive and look forward to working with him on the opportunities ahead.' 

The TRG Board now comprises:

  • Walter Kansteiner, Chairman

  • John Sisay, Chief Executive

  • Raju Jaddoo, Chief Financial Officer

  • Rod Baker, 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.




This information is provided by RNS
The company news service from the London Stock Exchange
 
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