| Fri 2 Jul 2010, 14:24 | | SNU - Sentula Mining Limited - Changes to the board of directors |
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SNU
SNU
SNU - Sentula Mining Limited - Changes to the board of directors
Sentula Mining Limited
Incorporated in the Republic of South Africa
(Registration number 1992/001973/06)
Share code: SNU ISIN: ZAE000107223
("Sentula" or "the company")
CHANGES TO THE BOARD OF DIRECTORS
In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited,
the board of directors of Sentula is pleased to notify its shareholders that
Mr Dalikhaya ("Rain") Zihlangu, Mr Cornelis ("Cor") van Zyl and Ms Kholeka
Mzondeki have been appointed as independent non-executive directors with
effect from 1 July 2010.
Rain obtained his first degree in mining engineering at the University of the
Witwatersrand in 1989 to become the second black mining engineer in South
Africa. He joined the Anglo American Corporation graduate training programme
at Vaal Reefs Exploration and Mining Company and obtained his mine managers
government certificate of competence. He also holds an MBA degree from the
University of Witwatersrand. He has extensive experience in the mining
industry and was previously the CEO of Alexkor. He is also a board and
committee member of Exxaro Limited and Petro SA. Rain will serve as a member
of the Audit & Risk and Investment Committees of Sentula.
Cor is a Chartered Accountant with 22 years experience in the auditing
profession as a partner of Coopers & Lybrand, before moving into commerce for
a further period of 14 years. This included 5 years as Financial Director of
Afrox Healthcare Limited and 6 years as Financial Director of African Oxygen
Limited until his recent retirement. Cor will take up the position of Chairman
of the Audit & Risk Committee and also serve as a member of the Investment
Committee.
Kholeka is a Fellow of the Chartered Certified Accountants, United Kingdom.
She has a Bachelor of Commerce degree and a Diploma in Investment Management.
Her experience includes being a Risk manager at Eskom, Director and General
Manager of Finance responsible for sub-Sahara Africa at 3M, CFO and General
Manager of Corporate Services at Mintek and Financial Director at Masana
Petroleum Solutions. In 2008 she was a finalist in the BWA/Nedbank Business
Women of the year. She is also a board and audit committee member of Reunert
Limited. Kholeka will serve as a member of the Audit & Risk and Nomination
Committees.
Non-Executive Chairman of the board, Jonathan Best said; "We are delighted to
announce these appointments, as they bring complementary mining and financial
skills, as well as additional balance and independence to the board, I welcome
Rain, Cor and Kholeka and look forward to their respective contributions to
board deliberations."
Johannesburg
2 July 2010
Sponsor:
Merchantec Capital
Enquiries:
College Hill
Jacques de Bie
011 447 3030
Date: 02/07/2010 14:24:00 Produced by the JSE SENS Department.
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