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Titanium Resources (SRX)

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Monday 09 February, 2009

Titanium Resources

Appointment of Non Executive

RNS Number : 0103N
Titanium Resources Group Ltd
09 February 2009

Titanium Resources Group

Appointment of Non Executive Director

9 February 2009: Titanium Resources Group ('TRG' or 'the Company') announces the appointment of Mr. Jean Lindberg Charles as a Non Executive Director

Mr. Charles has significant financial and auditing experience as well as a deep understanding of the Company's operations.  From April 2005 to October 2008, Mr. Charles worked as Group Financial Controller for TRG, based at the Sierra Rutile minesite. Whilst at TRG, Mr. Charles was responsible for implementing a new management information system, setting up the accounts department for Sierra Rutile and developing the Company's multi dredge financial model.  

Prior to joining TRG Mr. Charles worked as an auditor for Ernst & Young and as Country Financial Controller of Le Meridien Hotels & Resorts in the Seychelles and Gabon.  Mr Charles is a Fellow of the Chartered Association of Certified Accountants, England & Wales (FCCA) and a Non Executive Director of Raphael Fishing Company Limited, a company incorporated in Mauritius.

Walter KansteinerChairman, said:

'I would like to welcome Lindberg to the Board and look forward to working with him as we continue the development of TRG.  Lindberg brings significant additional expertise to the Board which will enable us to more effectively respond to the challenges facing the Company.'

The TRG Board now comprises:

  • Walter KansteinerNon Executive Chairman

  • John Sisay, Chief Executive

  • Raju Jaddoo, Chief Financial Officer

  • Rod Baker, Non Executive Director

  • Alex Kamara, Non Executive Director

  • Jean Lindberg Charles, Non Executive Director

Save as disclosed below, there is nothing further to disclose in relation to the appointment of Mr. Jean Lindberg Charles under Schedule Two, paragraph (g) of the AIM Rules:

Full name:                         Jean Lindberg Charles

Previous names:              N/a

Age:                                   37

In addition to his directorship of the Company, Mr Charles is, or has been, a director or partner of the following companies or partnerships, in the previous five years:

Current directorships/partnerships

 - Raphael Fishing Company Limited

Past directorships/partnerships

 - None


For further information:


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