CIC Gold Group Limited Directorate Change (1419W)
April 25 2016 - 1:00AM
UK Regulatory
TIDMCICG
RNS Number : 1419W
CIC Gold Group Limited
24 April 2016
CIC Gold Group Limited
("CIC Gold" or the "Company")
Director Appointment
CIC Gold (LSE: CICG) is pleased to provide the following general
corporate update.
The Board
The Company is pleased to confirm the appointment, effective
today, to the Board of Mr. Jeffrey L. Karoly BSc (hons), ACA, who
is a London based Non-Executive Director with 19 years
international experience in the mining sector. Mr. Karoly has a
degree (Hons) in Geology from the University of Bristol and is a UK
Chartered Accountant. Mr. Karoly has gained considerable experience
of the regulatory and corporate governance requirements for
publicly listed companies in the UK, Canada and Australia. Mr.
Karoly's profile is detailed on the company's website.
Re-listing on the London Stock Exchange
The Company, following the Board re-organisation and the
shareholder approval of the Gobi Minerals acquisition, expects to
file its prospectus in the near future to re-commence trading on
the London Stock Exchange's Main Market for listed securities.
HE Barsbold CEO commented: "This appointment completes the
reorganisation of the Board following the Gobi Minerals
acquisition. The Company now has a strong Board with a majority of
independent directors. This will provide strong independence from
any single founder and establish a solid corporate governance
framework from which the Company will operate. "
Enquires
CIC Gold Group Limited
YuanYuan Lv YuanYuan@CICGold.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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