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Fri 17 Dec 2010, 8:40 FSE - Firestone Energy Limited - Director Resignation
FSE
FSE                                                                             
FSE - Firestone Energy Limited - Director Resignation                           
FIRESTONE ENERGY 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")                                                        
Director Resignation                                                            
Firestone Energy Limited "Firestone" wishes to advise of the resignation of Mr  
John Wallington as a Non Executive Director of the Company.                     
Mr Wallington was instrumental in progressing the Definitive Feasibility Study  
through to completion, and the Board of Firestone wish to acknowledge Mr        
Wallington`s contribution to the Company and wish him every success in the      
future.                                                                         
Mr Wallington leaves the Board of Firestone to pursue other interests and his   
resignation will take effect on 31 December 2010.                               
Further information can be obtained by contacting the person below on           
+61 (08) 9 2874600.                                                             
John Dreyer                                                                     
Chairman                                                                        
www.firestoneenergy.com.au                                                      
Johannesburg                                                                    
17 December 2010                                                                
Sponsor and Corporate Advisor                                                   
River Group                                                                     
About Firestone Energy                                                          
Firestone Energy is an independent Australian exploration company focused on    
developing coal projects in South Africa. The company is currently exploring the
richly endowed Waterberg coal field in the Limpopo Province of South Africa.    
The Company is committed to value-added growth through becoming an independent  
coal and energy producer at its projects in South Africa.                       
The Company has entered into three joint ventures with Sekoko Resources, a South
African black empowerment company (BEE) and Sekoko has two directors on the     
Board of Firestone Energy.                                                      
Corporate Details                                                               
ASX: FSE                                                                        
JSE: FSE                                                                        
Issued Capital:                                                                 
2,401 million ordinary shares                                                   
Major Shareholders:                                                             
Sekoko Resources (Pty) Ltd                                                      
Colbern Fiduciary Nominees Ltd                                                  
Bell Potter Nominees Ltd                                                        
Directors and Officers:                                                         
Non Executive Directors:                                                        
John Dreyer (Chairman)                                                          
Timothy Tebeila (Deputy Chairman)                                               
Colin McIntyre                                                                  
John Wallington                                                                 
Sizwe Nkosi                                                                     
Company Secretary                                                               
Jerry Monzu                                                                     
Contact:                                                                        
Suite B9, 431 Roberts Road                                                      
Subiaco, Western Australia 6008                                                 
Tel: +61 (0)8 9287 4600                                                         
Web: www.firestoneenergy.com.au                                                 
Date: 17/12/2010 08:40:01 Produced by the JSE SENS Department.                  
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