Directorate Change
September 26 2007 - 1:35PM
UK Regulatory
RNS Number:5742E
Central African Gold PLC
26 September 2007
Central African Gold Plc / Ticker: CAN / Market: AIM / Sub-sector: Gold Mining
26th September 2007
Central African Gold Plc ("CAG" or the "Company")
Directorship Change
CAG, the AIM traded gold mining and exploration company, announces that Finance
Director, Mark Rosslee, is stepping down from the Board of Directors. His
resignation will take effect on 1 October 2007 and he has agreed to remain
available to the Company for a reasonable period of time to ensure a smooth
handover. The Company would like to thank Mr. Rosslee for all his hard work and
wish him well for the future. CAG is in the process of looking for a suitable
replacement and hopes to make an announcement in due course.
CAG CEO Mr Greg Hunter said, "I would like to thank Mark for all his help over
the last two years in building CAG into the company it is today, with its strong
portfolio of both producing and exploration projects in Ghana, Mali, Zimbabwe
and Botswana. We are now actively looking for a strong replacement to further
help us achieve our objective of building a mid-tier African based gold
company."
* * ENDS * *
For further information please visit www.centralafricangold.com or contact:
Central African Gold Plc
Greg Hunter/Nicole Broome Tel: +27 (0) 11 676 2500
In London:
St Brides Media & Finance Ltd
Hugo de Salis/Felicity Edwards Tel: +44 (0) 20 7242 4477
Strand Partners Limited
Simon Raggett /Braden Saunders Tel: +44 (0) 20 7409 3494
RBC Capital Markets
Martin Eales/ Andrew Smith Tel: +44 (0) 20 7029 7881
In South Africa:
Russell and Associates
Charmane Russell Tel: + 27 (0) 11 880 3924
Notes to Editors:
Central African Gold Plc, admitted to AIM in April 2004, was established to
acquire gold assets with a geographical focus on Africa. The Company has
established a sound portfolio with projects in Ghana, Mali, Zimbabwe and
Botswana. It has a highly experienced management team, which has worked together
for four years managing six underground greenstone gold mining operations and
building exploration portfolios.
CAG's portfolio includes the producing Bibiani gold mine and prospecting
licences in Ghana, which it acquired from AngloGold Ashanti Limited, three joint
ventures in Mali covering 22 prospective permits and a licence in Botswana
covering the extension of the Kraaipan greenstone belt from South Africa. CAG
recently acquired five mines and extensive exploration properties in Zimbabwe.
The management team is evaluating additional prospects in Africa to establish
CAG as a leading mid-tier African gold producer with world class exploration and
production assets.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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