| Thu 27 Aug 2009, 9:05 | | CZA - Coal of Africa Limited - Appointment of Non-executive Director |
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CZA
CZA
CZA - Coal of Africa Limited - Appointment of Non-executive Director
Coal of Africa Limited
(previously, "GVM Metals Limited")
(Incorporated and registered in Australia)
(Registration number ABN 008 905 388)
Share code on the JSE Limited: CZA
ISIN AU000000CZA6
Share code on the Australian Stock Exchange Limited: CZA
ISIN AU000000CZA6
(`CoAL` or `the Company`)
27 August 2009
APPOINTMENT OF NON-EXECUTIVE DIRECTOR
Coal of Africa Limited ("CoAL" or "Company"), the AIM/ASX/JSE listed coal mining
and development company operating in South Africa (ticker: CZA), is pleased to
announce the appointment of Mr Hendrik ("Kobus") Verster as ArcelorMittal`s
nominee non-executive director, effective immediately. Consequently, Mr Pierre
Leonard, has stepped down from the Board as non-executive director.
Mr Verster has 15 year`s finance experience within the ArcelorMittal Group. He
is currently Executive Director Finance to ArcelorMittal South Africa and a
Board member of various unlisted ArcelorMittal Group companies.
Mr Verster is also a Director of the National Business Initiative ("NBI") in
South Africa. NBI, a regional partner to the World Business Council for
Sustainable Development, is a voluntary group of leading national and multi-
national companies which work together towards sustainable growth and
development in South Africa through partnerships, practical programmes and
policy engagement.
The Board welcomes Mr Verster and looks forward to his contribution.
Mr Verster`s Appendix 3X "Director`s Initial Interest Notice" and Mr Leonard`s
Appendix 3Z "Director`s Final Interest Notice" will follow.
Yours sincerely
SIMON J FARRELL
Managing Director
For more information contact:
Simon Farrell, Managing Director
CZA
+61 417 985 383 or +61 8 9322 6776
Peter Bacchus/ Alastair Cochran
Morgan Stanley
+44(0) 20 7425 8000
Simon Edwards/ Chris Sim
Evolution Securities
+44(0) 20 7071 4300
Jos Simson/ Leesa Peters
Conduit PR
+44(0) 20 7429 6603
About CoAL:
Coal of Africa Limited ("CoAL") is primarily focused on the acquisition,
exploration and development of thermal and metallurgical coal projects. The
Company`s key projects, along with its leading metals processing company NiMag
Group (Pty) Ltd are in South Africa. The Company was incorporated in Western
Australia and listed in 1980. Since 2005, the Company has also listed on both
the AIM and JSE markets, allowing further growth in the Company`s coal assets.
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 27/08/2009 09:05:01 Produced by the JSE SENS Department.
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