Board Changes
08 February 2010
The Board of SNR announces that, on 5th February 2010, it appointed David Nel, currently the Company's Operations Director, as the Company's Chief Executive Officer with immediate effect. He takes up the position in succession from Jeremy Metcalfe, who has led the Company since 2005. Jeremy Metcalfe will remain on the Board of SNR and will serve as Communications Director.
Commenting on the Board changes, Richard Latham, Chairman of SNR said:
"I am delighted to announce the appointment of David Nel as the Company's Chief Executive Officer. His role will be to spearhead SNR's ambitious growth plans in South Africa where it is bringing into production the only major coal reserve of commercial scale in the Eastern Cape. I know he will be ably assisted by Jeremy Metcalfe as the Company's Communications Director.
I would like to convey the Board's appreciation of Jeremy's valuable contribution in the Company's early years."
For further information, please contact:
Strategic Natural Resources plc
David Nel, Chief Executive Officer
+27 (0) 41 374 0842
Jeremy Metcalfe, Communications Director
+44 (0)7785 346 718
Nominated Adviser and Joint Broker - Allenby Capital Limited
Nick Naylor / Alex Price / James Reeve
+44 (0) 20 3328 5656
Joint Broker - SP Angel Corporate Finance Limited
Emin Eyi / Tercel Moore
+44 (0) 207 647 9646
FTI Consulting
Ben Brewerton / Georgia Mann
+44 (0)207 831 3113