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GVM
GVGVM
GVM - GVM - Directors appointment - N Mazwai
GVM Metals Limited
(previously, "Golden Valley Mines Limited")
(Incorporated and registered in Australia)
(Registration number ACN 008 905 388)
Share code on the JSE Limited: GVM ISIN: AU000000GVM1
Share code on the Australian Stock Exchange Limited: GVM ISIN: AU000000GVM1
("GVM" or `the Company")
GVM Metals Ltd Appoints Nonkqubela Mazwai as Director
GVM Metals Ltd (GVM), a company with a primary listing on the Australian Stock
Exchange and secondary listings on London`s Alternative Investment Market and
the Johannesburg Stock Exchange, today announced that it had appointed
Nonkqubela Mazwai as an executive director and deputy managing director with
immediate effect.
Nonkqubela has considerable experience in the mining and related industries
having been a director of the following South African organizations:
Lafarge Mining and Industries
Central Energy Fund (Pty) Ltd
Strategic Fuel Fund
South African Mining Development Association (SAMDA)
CIDA Empowerment Trust - Chairperson
Additionally, Nonkqubela has provided advisory services to blue chip companies
such as Richards Bay Coal Terminal, Anglo American and De Beers as well as
parastatals including Spoornet and Eskom. Nonkqubela has worked with the South
African government`s Department of Minerals and Energy on implementing mining
legislation and the mining charter promoting the participation by previously
disadvantaged South Africans in the mining industry.
Nonkqubela was CEO of Motjoli Resources (Pty) Ltd (Motjoli), a South African
diversified mining company that is a significant shareholder in GVM. Motjoli
entered into a transaction with GVM that has resulted in Motjoli reversing it`s
51% interest in the Holfontein coal project and its interest in the Baobab coal
joint venture for shares in GVM.
Simon Farrell, GVM`s managing director said that Nonkqubela`s appointment brings
business expertise that will strengthen the company`s ties to all South African
stakeholders. He added that the company`s asset base and future is centred in
South Africa and, as such it was important to have Nonkqubela`s insight and
experience to help guide the strategic direction of GVM Metals into the future.
He looked forward to a long and fruitful relationship between GVM and
Nonkqubela.
For further information:
http://gvm.com.au
Australia
Simon Farrell
GVM Managing Director
+61 417 985 383
United Kingdom
Olly Cairns
Blue Oar Securities Plc
+44(0) 20 7448 4400
Peter Krens
Mirabaud Securities Ltd
+44(0) 20 7878 3362
Leesa Peters / Jos Simson
Conduit PR
+44(0) 20 7429 6603
+44(0) 7899 870 450
South Africa
Petronella Gorrie
Media & Investor Relations
+27(0) 82 827 8815
E-mail: gorrie@telkomsa.net
7 June 2007
South African Sponsor to GVM
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 07/06/2007 09:32:43 Produced by the JSE SENS Department.
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