FSE - Firestone Energy Limited - Appointment Of Managing Director
FSE
FSE
FSE - Firestone Energy Limited - Appointment Of Managing Director
FIRESTONE ENERGY LIMITED
(formerly Centralian Minerals Limited)
(Registration number: ABN 058 436 794)
(SA company registration number: 200/023973/10
Share code on the JSE: FSE
Share code on the ASX: FSE
ISIN: AU000000FSE6
("FSE" or "the Company")
APPOINTMENT OF MANAGING DIRECTOR
"The Board of Firestone Energy (FSE) is pleased to announce that John
Wallington has been appointed Managing Director of the Company with effect
from 1 November 2009. John will lead and manage the Bankable Feasibility Study
(BFS) and related negotiations for FSE`s Waterberg coal project. Key terms and
conditions of Mr Wallington`s contract have not been finalised and will be
released to the market on finalisation.
John is currently a non executive director of FSE and was previously Global
Head of Coal for the Anglo American Group. He is a highly experienced Coal
Mining Engineer and is based in South Africa. Following completion of the BFS
(expected in mid 2010) John will continue as an FSE board member and an
appropriate Executive Level Project Manager will be appointed to lead the mine
construction phase of the project.
Garth Higgo will be leaving FSE with effect from 16 October 2009. The board
wishes to thank Mr Higgo for his contribution to the Company and in particular
the conclusion of the Sekoko joint ventures and the recent fundraising"
For more information please contact:
John Dreyer
Chairman
+61 401 068 236
www.firestoneenergy.com.au
Pretoria
09 October 2009
Sponsor and Corporate Advisor
River Group
Date: 09/10/2009 08:41:17 Produced by the JSE SENS Department.
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