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FSE - Firestone Energy Limited - Appointment Of Managing Director

Release Date: 09/10/2009 08:41
Code(s): FSE
Wrap Text

FSE - Firestone Energy Limited - Appointment Of Managing Director FIRESTONE ENERGY LIMITED (formerly Centralian Minerals Limited) (Registration number: ABN 058 436 794) (SA company registration number: 200/023973/10 Share code on the JSE: FSE Share code on the ASX: FSE ISIN: AU000000FSE6 ("FSE" or "the Company") APPOINTMENT OF MANAGING DIRECTOR "The Board of Firestone Energy (FSE) is pleased to announce that John Wallington has been appointed Managing Director of the Company with effect from 1 November 2009. John will lead and manage the Bankable Feasibility Study (BFS) and related negotiations for FSE`s Waterberg coal project. Key terms and conditions of Mr Wallington`s contract have not been finalised and will be released to the market on finalisation. John is currently a non executive director of FSE and was previously Global Head of Coal for the Anglo American Group. He is a highly experienced Coal Mining Engineer and is based in South Africa. Following completion of the BFS (expected in mid 2010) John will continue as an FSE board member and an appropriate Executive Level Project Manager will be appointed to lead the mine construction phase of the project. Garth Higgo will be leaving FSE with effect from 16 October 2009. The board wishes to thank Mr Higgo for his contribution to the Company and in particular the conclusion of the Sekoko joint ventures and the recent fundraising" For more information please contact: John Dreyer Chairman +61 401 068 236 www.firestoneenergy.com.au Pretoria 09 October 2009 Sponsor and Corporate Advisor River Group Date: 09/10/2009 08:41:17 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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