Coal of Africa Limited Directorate Change (2569M)
October 12 2016 - 1:00AM
UK Regulatory
TIDMCZA
RNS Number : 2569M
Coal of Africa Limited
12 October 2016
ANNOUNCEMENT 12 October 2016
DIRECTORATE CHANGE
Coal of Africa Limited ("CoAL" or the "Company") is pleased to
announce the appointment of Shangren Ding as a non-executive
director of the Company with effect from 11 October 2016.
Shangren Ding, aged 54, is an experienced professional engineer
who brings considerable experience to the CoAL board having worked
for a number of mining and energy companies as well as acting as a
consultant to government geological bureaus. Shangren has over 30
years' experience predominately in the coal mining sector and he
has gained extensive operational coal mining knowledge through
chief operating roles at a number of mines in the Heilongjiang
province in the People's Republic of China. From 1998 to 2004
Shangren was director of technology and equipment at Harbin
Zhongqing Gas Co Ltd. Since 2004 Shangren has worked in a number of
senior roles for Beijing Haohua Energy Resource Co., Ltd and is
also currently the deputy general manager and chief representative
in South Africa of Haohua Energy International (Hong Kong) Co Ltd
("HEI"). Shangren is joining the board of CoAL as a representative
of HEI, CoAL's largest shareholder.
Chairman, Bernard Pryor, commented "I am delighted to welcome
Shangren to our Board. He brings a wealth of experience in coal
operations and projects which will be vital to the Company as we
look to fulfil our strategy of becoming a significant South African
coking coal producer."
Save as set out above there is no further information required
to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM
rules for Shangren Ding.
For more information contact:
Chief Executive +27 10 003
David Brown Officer Coal of Africa 8000
Chief Financial +27 10 003
De Wet Schutte Officer Coal of Africa 8000
+27 10 003
Celeste Riekert Investor Relations Coal of Africa 8000
Endeavour Corporate +61 08 9316
Tony Bevan Company Secretary Services 9100
Company advisors:
Financial
Jos Simson/Emily PR (United +44 20 7920
Fenton Kingdom) Tavistock 3150
Matthew Armitt/Ross Nominated +44 20 7418
Allister Adviser/Broker Peel Hunt LLP 8900
Charmane Russell/Olwen Financial Russell & Associates +27 11 880
Auret PR (South 3924 or
Africa) +27 82 372
5816
Investec Bank Limited is the nominated JSE Sponsor
About CoAL:
CoAL is an AIM/ASX/JSE listed coal exploration, development and
mining company operating in South Africa. CoAL's key projects
include the Vele Colliery (coking and thermal coal), the Greater
Soutpansberg Project /MbeuYashu, including CoAL's Makhado Project
(coking and thermal coal).
This information is provided by RNS
The company news service from the London Stock Exchange
END
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