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Tawana Resources Nl - Tawana Makes Two Key Board Appointments To Strengthen Operational Expertise And Initial Directors Interest Notices

Release Date: 01/08/2017 09:02:00      Code(s): TAW     
Tawana Resources NL
(Incorporated in Australia)
(Registration number ACN 085 166 721)
Share code on the JSE Limited: TAW
JSE ISIN: AU0000TAWDA9
Share code on the Australian Securities Exchange Limited: TAW
ASX ISIN: AU000000TAW7
(?the Company? or ?Tawana?)

Tawana makes two key board appointments to strengthen operational
expertise
Tawana Resources NL (ASX: TAW) is pleased to announce it has made two key Non-Executive
Director appointments to enhance the Company?s development and operational expertise as it
moves towards production at the Bald Hill Lithium and Tantalum Mine in Western Australia.

Mr Robert (Bob) Vassie

Bob is a Mining Engineer with 30 years? international mining industry experience and 18 years?
experience in a range of senior management roles with Rio Tinto. He is currently the Managing
Director & CEO of St Barbara Limited and has particular experience in operations management,
resource development strategy, mine planning, feasibility studies, business improvement,
corporate restructuring and strategic procurement.
Bob has been credited with engineering a strong operational and strategic turnaround at St Barbara
since joining there in 2014. Bob remains as MD & CEO of St Barbara, and has the support of the St
Barbara Board for this appointment.

Mr Mark Turner
Mark is a Mining Engineer with more than 30 years of experience in the resources sector. He has
been responsible for the start-up and operation of mines in Australia, Africa and Asia. He was
previously General Manager Operations of Resolute Mining Ltd, one of Australia?s largest gold
producers and Chief Operating Officer (?COO?) of CGA Mining, before its takeover by B2 Gold for
C$1.1 billion in 2010. He is currently the Chief Operating Officer of RTG Mining Inc.

Mark holds a degree in Mining Engineering from the University of New South Wales and is Fellow of
the AUSIMM.

Commenting on the appointments, Managing Director Mark Calderwood stated: ?The appointments
of Bob and Mark to the Board is a great endorsement of the Bald Hill Project and is an important
step for Tawana as it transforms to a producer in early 2018.?
?Both Bob and Mark have been successful in development, construction and operating significant
mining projects, and Tawana is extremely pleased to secure the services of these well credentialed
individuals.?
For further information please contact:
Mark Calderwood
Managing Director
Tawana Resources NL
Telephone +61 8 9489 2600
1 August 2017
Sponsor
PricewaterhouseCoopers Corporate Finance Proprietary Limited

End Notes
1
 : All material assumptions and technical parameters underpinning the Mineral Resource estimates in the ASX
announcement dated 14 June 2017 continue to apply and have not materially changed since it was last reported.
2
 : All figures throughout this announcement regarding the Project and the PFS are, unless expressly stated
otherwise, presented on a 100% of Project basis. Tawana, through its 100% owned subsidiary Lithco No. 2 Pty
Ltd, has earned a right to 50% of all lithium minerals from the tenements comprising the Project ? refer to
announcements of 28 June 2017. Tawana is required to spend $12.5 million in capital expenditure for upgrading
and converting the existing plant on the Bald Hill tenements for processing ore derived from the Project,
infrastructure costs, pre-stripping activities and other expenditures including operating costs by 31 December
2019. Upon completion of such capital expenditure commitment, Tawana (through Lithco No.2 Pty Ltd) will
be entitled to a 50% interest in the Project comprising the Bald Hill tenements, the processing plant and
infrastructure at Bald Hill, and all minerals from the Bald Hill tenements under the terms of the Bald Hill Joint
Venture Agreement (which will only take effect upon satisfaction of the capital expenditure obligation). Refer
to announcements of 24 February 2017.

All material assumptions underpinning the Production Targets detailed in this report (including all financial
information derived from those production targets) are detailed in the ASX announcement dated 11 July 2017
and Tawana confirms those assumptions continue to apply and have not materially changed.

                                                                                                                                                                       Rule 3.19A.1

                                                                     Appendix 3X
                                                       Initial Director?s Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become
ASX?s property and may be made public.
Introduced 30/9/2001.


Name of entity Tawana Resources NL
ABN                      69 085 166 721

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for
the purposes of section 205G of the Corporations Act.

    Name of Director                                               Mr Robert Vassie

    Date of appointment                                            1 August 2017


Part 1 - Director?s relevant interests in securities of which the director is the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of ?notifiable interest of a director? should be disclosed in this part.
    Number & class of securities

    Nil


Part 2 ? Director?s relevant interests in securities of which the director is not the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust


    Name of holder & nature of interest                            Number & class of Securities
    Note: Provide details of the circumstances giving rise to
    the relevant interest.
                                                                   Note: Provide details of the circumstances giving rise to the relevant interest.
                                                                   Nil




Part 3 ? Director?s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of ?notifiable interest of a director? should be disclosed in this part.


    Detail of contract                                             N/A

    Nature of interest                                             N/A


    Name of registered holder                                      N/A
    (if issued securities)

    No. and class of securities to which N/A
    interest relates
                                                                                                                                                                        Rule 3.19A.1

                                                                     Appendix 3X
                                                       Initial Director?s Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become
ASX?s property and may be made public.
Introduced 30/9/2001.


Name of entity Tawana Resources NL
ABN                      69 085 166 721

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for
the purposes of section 205G of the Corporations Act.

    Name of Director                                               Mr Mark Barlow Turner

    Date of appointment                                            1 August 2017


Part 1 - Director?s relevant interests in securities of which the director is the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of ?notifiable interest of a director? should be disclosed in this part.



    Number & class of securities

    Nil



Part 2 ? Director?s relevant interests in securities of which the director is not the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust


    Name of holder & nature of interest                            Number & class of Securities
    Note: Provide details of the circumstances giving rise to
    the relevant interest.
                                                                   Nil: Provide details of the circumstances giving rise to the relevant interest.




Part 3 ? Director?s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of ?notifiable interest of a director? should be disclosed in this part.


    Detail of contract                                             NA
Nature of interest                 NA


Name of registered holder          NA
(if issued securities)

No. and class of securities to which NA
interest relates

Date: 01/08/2017 09:02:00 Supplied by www.sharenet.co.za                     
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