🕐13.07.12 - 09:54 Uhr
NORSEMAN GOLD PLC APPOINTS MINING ENTREPENEUR KEVIN MALONEY TO THE BOARD
NORSEMAN GOLD PLC
("Norseman Gold" or "the Company")
Appointment of Mr Kevin Maloney to the Board and resignation of Mr Kelvin May
Norseman Gold wishes to advise the appointment of Mr Kevin Maloney to its Board.
Mr Maloney is Chairman of the Tulla Resources Group of companies, which has now invested significantly in the future of Norseman both through direct funding through shares and convertible loan notes and also with the introduction of its associated company, L2 Project Management - Norseman Pty Ltd, as the manager and operator of the Norseman Gold Project.
Tulla Resources Group is the Australian owned investment group of the Maloney family.
Based in Sydney, it was established in the early 1990s with an open mandate focusing on small to middle market listed companies, private equity, venture capital and debt.
Tulla Resources Group has a track record of success from building and growing many businesses, including The MAC Services Group which is a mining services company that was listed on the ASX in April 2007 and sold to Oil States International in December 2010 for approximately $650m of which the Maloney family owned approximately 52% at the time of sale.
In addition to his directorship with the Company, Mr Maloney holds or has held the following directorships/partnerships within the five years immediately prior to the date of this announcement: Current Directorships/Partnerships
Past Directorships/Partnerships
Altona Mining Limited
(ASX Listed)
Aquacrab Systems Australia Pty Limited
Australian Global Education & Training Group Pty Ltd
Bowen Aquaculture Centre Limited
Balmoral Group Finance Pty Ltd
Fish ‘N Fresh Delites Pty Ltd
Balmoral Group Investments Pty Ltd
MSL Nominees (Karratha) Pty Ltd
Baxter Group Holdings Pty Ltd
MSL Nominees Pty Ltd
Baxter Group Investments Pty Ltd
Northern Energy Corporation Ltd
(ASX Listed)
Belgravia Associates (NSW) Pty Ltd
Queensland Mining Corporation Ltd
(ASX Listed)
Fobixi Pty Limited
Southern Districts Rugby Club Limited
Fraters Nominees Pty Ltd
The MAC Linen Services Pty Ltd
JLM Logistics Group Pty Ltd
The MAC Services Group Limited
(Formerly ASX Listed)
JLM Transport & Logistics Pty Ltd
GA Travel Pty Ltd
K2 Resource Services Pty Ltd
Stuartsimon Pty Ltd
L2 Drilling Pty Ltd
Marley Holdings Pty Ltd
MG Resources Pty Ltd
Millward Holdings Pty Ltd
Pacific Travel Services Pty Ltd
Paget Developers Pty Ltd
Phoenix Consolidated Pty Ltd
Rosebery Nominees Pty Ltd
Secondsout Pty Ltd
Segenhoe Group Pty Ltd
Segenhoe Stud Australia Pty Ltd
Segenhoe Thoroughbreds Australia Pty Ltd
Sutton Forest Quarries Pty Ltd
Swaffham Logistics Park No.
1 Pty Ltd
Swaffham Logistics Park No.
2 Pty Ltd
Tarilo Pty Ltd
THEMAC Resources Group Limited
(Canada) (Toronto Venture Exchange Listed)
Tulla Capital Management Pty Ltd
Tulla Capital Partners Pty Ltd
Tulla Group Pty Ltd
Tulla Property Partners Pty Ltd
Tulla Resources Group Pty Ltd
Tulla Venture Partners Pty Ltd
Walford Consolidated Pty Ltd
Whitesmiths Group Pty Ltd
Mr.
Kelvin May has resigned as a director of the Company for personal reasons.
Mr May was appointed to the Board in February 2012, and has worked with the Company as its Chief Financial Officer since January 2008.
The Board thanks Mr May for his contribution during this period.
* * ENDS * *
For further information visit www.norsemangoldplc.com, email or contact:
David Steinepreis Norseman Gold Plc.
Tel: +44 (0) 7913402727
William Vandyk / Rod Venables Northland Capital Partners Ltd Tel: 020 7796 8800
Guy Wilkes Ocean Equities Ltd Tel: 020 7786 4370
Susie Geliher / Hugo de Salis St Brides Media & Finance Ltd Tel: 020 7236 1177
Notes
Norseman Gold plc is an AIM and ASX listed Australian gold production company, which operates the 2,360 sq km Norseman Gold Project, Australias longest continually running gold operation.
Located in the Eastern Goldfields of Western Australia in the highly prospective Norseman‐Wiluna greenstone belt, the project currently has a total resource inventory of 3.4 million ounces of gold at an average grade of 4.7 g/t.
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