GGG Ggg Resources

 
TIDMGGG 
 
Central China Goldfields plc 
 
                           (the "Company" or "GGG") 
 
                Appointment of Peter Antony Ruxton as Chairman 
 
6 October 2009 
 
The Board of Directors of the Company are pleased to announce the appointment 
of Dr. Peter Antony Ruxton as the new Non-executive Chairman of the Company. 
 
Peter Ruxton, 52 years old, has extensive experience in the natural resources 
sector and mining private equity. Peter holds a PhD in Economic Geology from 
the University of Leeds and an MBA from the Institute for Financial Management. 
 
Between 2000 and 2004 he was the Investment Manager for CDC Capital Partners 
Plc before joining Actis LLP as an Investment Principal between 2004 and 2006 
and Partner from 2006 to 2008. During this time he was responsible for 
initiating, managing and exiting over US$180 million worth of private equity 
mining investments in emerging markets. 
 
In early 2009 he set up Tembo Capital LLP, an African focused mining advisory 
consultancy. 
 
Peter is a non-executive Board member of AIM, TSX and JSE listed Platmin Ltd., 
which during his involvement has grown from a start up to an over GBP300m market 
capitalised company. 
 
Peter Ruxton comments: 
 
"I am delighted to be joining the technically strong and well respected Central 
China Goldfields plc team at a time when the Company is seeking a new direction 
and new mining assets. I look forward to future involvement in growing the 
Company with a strong focus on building shareholder value." 
 
Nigel Clark comments: 
 
"We warmly welcome Peter Ruxton who brings greater breadth of experience to the 
Company and we all look forward to working with him on the new direction of the 
Company." 
 
In the past 5 years, Peter Ruxton holds or has held the following positions 
where he was acting in the capacity of a director: 
 
Current Directorships                  Past Directorships 
 
Tembo Capital LLP                      Actis LLP 
 
Platmin Ltd                            Copperbelt Minerals Plc 
 
Peter Ruxton currently holds no shares in Central China Goldfields plc. 
Following his appointment the Company has agreed to grant both Peter Ruxton and 
also Jun Angeles, who was appointed to the board in September 2009, 500,000 
Director's options each. These options will be exercisable at 3.5 pence at any 
time until 6 October 2014. As a result of this, the total outstanding options 
will be 10,200,000. 
 
There is no other information that is required to be disclosed pursuant to 
Schedule 2 paragraph (g) of the AIM Rules. 
 
Following these changes Nigel Clark will now serve as a Non-executive Director 
of the Company. 
 
For further information, please contact: 
 
Central China Goldfields plc                    Hanson Westhouse Limited 
Dr. Jeffrey Malaihollo                          Tim Metcalfe / Martin Davison 
Tel: 020 7621 0200                              Tel: 020 7601 6100 
Email: info@ccgoldfields.com 
www.ccgoldfields.com                            Alexander David Securities Limited 
                                                Nick Bealer / David Scott 
                                                Tel: 020 7448 9820 
 
 
 
END 
 

GGG Resources (LSE:GGG)
Historical Stock Chart
From Jun 2024 to Jul 2024

GGG Resources (LSE:GGG)
Historical Stock Chart
From Jul 2023 to Jul 2024