Goldplat plc

Director Change

Director Change

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration
16 September 2013
Goldplat plc ('Goldplat' or 'the Company')
Director Change

Goldplat plc, the AIM listed gold producer in Africa, announces that Russell Lamming has stepped down from his position as CEO and that Ian Visagie will take over in the interim with immediate effect.  Mr Lamming will enter into a six month Consulting Agreement to provide his services to the Company ensuring continuity and an orderly handover.

Mr. Visagie, in his capacity as Financial Director since the Company's admission to AIM in July 2006, has been instrumental in the growth of Goldplat and is well suited to lead the Company in the interim. The Company is now seeking to find a South African based CEO, which will be ideally suited geographically to guide the African focussed gold company through the next phase of its evolution, as it looks to build its market leading gold recovery position in Africa.

The Company would like to thank Russell for his time and efforts over the past 12 months in shaping the Company for future growth.

Goldplat Chairman Brian Moritz said, "We'd like to thank Russell for all his efforts in helping us develop the Company.  Now that we are focussing more on the recovery business, I believe we stand to benefit from having a South African based CEO as we move to our next stage of development."

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For further information visit or contact:

Ian Visage, CEOGoldplat plcTel: +27 (82) 671 2078
Ewan Leggat/Katy Birkin           SP Angel Corporate Finance LLPTel: +44 (0) 20 3463 2260
Felicity Edwards/ Charlotte HeapSt Brides Media & Finance LtdTel: +44 (0)20 7236 1177


Goldplat plc is an AIM-listed profitable, debt free gold producer and mine development company focused in Africa, which has a strong cash position of GBP1.95 million as at 31 Dec 2012. The Company has a solid portfolio of assets including two gold recovery operations in South Africa and Ghana, which recover precious metal from by-products of the mining process such as woodchips, fine carbon and waste grease. For the FY 2012 these operations produced circa 31,354 ounces of gold. Goldplat also has a gold mining and exploration development portfolio in Kenya, Ghana and Burkina Faso.

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Source: Goldplat plc via Thomson Reuters ONE