Directorate Change

RNS Number : 9670M

Obtala Resources Limited

24 September 2012

 

24 September 2012

Obtala Resources Limited

("Obtala" or the "Company")

(AIM: OBT)

Directorate Changes

Obtala Resources Limited (AIM:OBT), the natural resource investment and development company, is pleased to announce the appointment of Angus James ("Sam") Small to the Board as Non Executive Director with immediate effect.

Sam Small, aged 46, has been an investment banker for the past 18 years, during which time he has advised companies on numerous transactions in a range of sectors. The majority of his career was at Citigroup (formerly Schroders) and most recently he was Head of Mergers & Acquisitions (Europe) at Macquarie Capital. Sam is a qualified Chartered Accountant and has a law degree.

The company also announces Lord St John of Bletso has resigned from the Board as Non-Executive Director for personal reasons.

Commenting on today's announcement, Francesco Scolaro, Chairman of Obtala, said: "On behalf of the Board, I would like to welcome Sam to Obtala. Sam brings a wealth of corporate finance and City experience which will undoubtedly greatly assist the Company as we continue our corporate growth plans. I would like to thank Lord St John for all the work and advice he has provided the Company and wish him well with his future interests."

Obtala Resources Francesco Scolaro - Chairman Simon Rollason - Managing Director www.obtalaresources.com	[phone]
Macquarie Capital (Europe) Limited (Nomad and Broker)
Steve Baldwin Nicholas Harland	[phone]

No further information falls to be disclosed under schedule 2(g) of the AIM rules.

 

END

 

 

BOAPGUQPBUPPGUC