Kenmare Director Appointment
August 25 2011 - 2:05AM
UK Regulatory
TIDMKMR
Kenmare Resources plc ("Kenmare" or "the Company")
Kenmare Director Appointment
(LSE/ISE: KMR)
25 August 2011
Kenmare's Chairman, Charles Carvill, is pleased to announce that Justin Loasby
has agreed to join the Board of Kenmare as a Non-Executive Director, with
immediate effect.
Justin has over 30 years' experience of international corporate finance. A
graduate of Oxford University and the London Business School (M.A. and M.Sc.
econ), Justin's early career was in the City of London, at Morgan Grenfell & Co.
Ltd and at 3i plc. Over the past 20 years he was responsible for the European
Investment Bank's investment in many countries in Africa, the Caribbean, and the
Indian Ocean.
From 1994 to 2005, he was EIB's Division Chief for operations in Southern Africa
and the Indian Ocean. His principal experience is in infrastructure financing in
particular, power and water, mining and natural resources finance, and
credit/investment schemes with banks and financial institutions. As Associate
Director at EIB, he represented the Bank as shareholder/director in a number of
companies, including notably African Lion Mining Fund and Aureos Southern Africa
Fund. Justin retired from EIB in 2007, and continues to work in a private
capacity. Amongst other assignments, he was a Non-Executive Director of Oval
Biofuels Limited, Zambia, and he is currently a member of the Investment
Committee of the AIC Caribbean Investment Fund.
Charles Carvill, Chairman, said that he welcomed Justin to the Kenmare Board and
was looking forward to working with him.
"I am delighted that Justin has agreed to join the Board of Kenmare. He brings
to the Board a wealth of experience in mining financing and development in
Africa which will be extremely useful as the Moma Titanium Minerals Mine
continues to develop."
Charles Carvill
Chairman
For further information, please contact:
Kenmare Resources plc.
Michael Carvill, Managing Director
Tel: +353 1 671 0411
Mob: + 353 87 674 0110
Tony McCluskey, Financial Director
Tel: +353 1 671 0411
Mob: + 353 87 674 0346
Murray Consultants
Joe Heron/Jim Milton
Tel: +353 1 498 0300
Mob: +353 86 255 8400
Tavistock Communications
Paul Youens / Jos Simson
Tel: +44 207 920 3150
Mob: +44 7843 260 623
www.kenmareresources.com
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Source: Kenmare Resources via Thomson Reuters ONE
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