Sub Nigel - Change In Board
SUB NIGEL GOLD MINING COMPANY LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1984/006179/06)
Share code: SBN
ISIN: ZAE000006391
(`Sub Nigel` or `the company`)
CHANGE IN BOARD
It is with regret that the Sub Nigel board wishes to announce the resignation of
Stephen Ward as Chief Executive Officer of Sub Nigel Gold Mining Company Limited
(`Sub Nigel`).
Mr. Ward joined the Company in March 2004 and during his term has seen a share
price rise of 300% and the re-commencement of gold mining operations at the
Company`s Spaarwater Project after 13 years of non production. Ward stated that
the reason for his resignation was to pursue his other business interests.
Executive Director, Mr. Adrian Reynolds will take over the role of Chief
Executive Officer with immediate effect. `Mr. Reynolds has 30 years experience
in the mining industry and is more than capable of taking over from Mr. Ward`
said Mr. Sandile Swana, non executive Chairman of Sub Nigel.
`We thank Stephen for his strategic vision and leadership during his tenure at
Sub Nigel as we look ahead to accelerating the execution of the Company`s
strategy`, Reynolds said in a statement.
19 August 2005
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