| Wed 5 May 2010, 17:30 | | ARQ - Anooraq confirms appointment of chief financial officer |
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ARQ
ARQ
ARQ - Anooraq confirms appointment of chief financial officer
Anooraq Resources Corporation
Incorporated in British Columbia, Canada
Registration number 10022-2033
TSXV/JSE share code: ARQ
AMEX share code: ANO
ISIN: CA03633E1088
("Anooraq" or the "company")
ANOORAQ CONFIRMS APPOINTMENT OF CHIEF FINANCIAL OFFICER
Anooraq is pleased to confirm the appointment of De Wet Schutte as its Chief
Financial Officer ("CFO"), with effect from 1 May 2010. This confirmation
follows Mr Schutte`s appointment as Acting CFO on 1 December 2009.
De Wet is a qualified chartered accountant, with some 13 years` experience in
the mining and industrial sectors. He has previously held executive positions at
Renova Investments, Harmony Gold Mining Limited and Mittal Steel, with
responsibilities covering corporate transactions, project development and
financial reporting in a listed environment.
Anooraq`s Chief Executive Officer, Philip Kotze, said, "We are delighted to
welcome De Wet into the Anooraq executive team on a permanent basis. This
appointment reflects his positive contributions and value add to management and
the company displayed in his capacity as acting CFO to date. We look forward to
De Wet playing a key role as a senior member of our executive team at Anooraq
moving forward."
For further information, please visit our website www.anooraqresources.com, call
investor services in South Africa at +27 11 883 0831 or in North America at 1
800 667 2114 or use the contacts referenced below.
Sandton
5 May 2010
JSE Sponsor
Macquarie First South Advisers (Pty) Limited
Queries:
Joel Kesler
Executive: Corporate and Business Development
Office: +27 11 779 6800
Mobile: +27 82 454 5556
Russell and Associates
Charmane Russell / Nicola Taylor
Office: +27 11 880 3924
Mobile: +27 82 372 5816 / +27 82 927 8957
Macquarie First South Advisors
Melanie de Nysschen / Annerie Britz / Manisha Ramlakhan
Office: +27 11 583 2000
Mobile: +27 82 465 8969 / +27 83 295 1204
The TSX Venture Exchange does not accept responsibility for the adequacy or
accuracy of this release.
The NYSE Amex has neither approved nor disapproved the contents of this release.
This release includes certain statements that may be deemed "forward looking
statements". All statements in this release, other than statements of historical
facts, that address the engagement of a new chief financial officer, future
production, reserve potential, exploration drilling, exploitation activities and
events or developments that Anooraq expects are forward looking statements.
Anooraq believes that such forward looking statements are based on reasonable
assumptions, including assumptions that Anooraq will be able to engage a new
chief financial officer within a reasonable period of time. Forward looking
statements, however, are not guarantees of future performance and actual results
or developments may differ materially from those in forward looking statements.
Factors that could cause actual results to differ materially from those in
forward looking statements include market prices, exploitation and exploration
successes, changes in and the effect of government policies with respect to
mining and natural resource exploration and exploitation and continued
availability of capital and financing, and general economic, market or business
conditions. Investors are cautioned that any such statements are not guarantees
of future performance and those actual results or developments may differ
materially from those projected in the forward looking statements. For further
information on Anooraq, investors should review the Company`s annual information
form filed on www.sedar.com or its form 20-F with the United States Securities
and Exchange Commission and its other home jurisdiction filings that are
available at www.sedar.com.
Date: 05/05/2010 17:30:05 Produced by the JSE SENS Department.
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