To view the PDF file, sign up for a MySharenet subscription.

SALD - Sallies Limited - Changes to the board of directors and business update

Release Date: 01/06/2012 13:30
Code(s): JSE SALD
Wrap Text

SALD - Sallies Limited - Changes to the board of directors and business update Sallies Limited (Incorporated in the Republic of South Africa) (Registration number 1903/001879/06) JSE Code: SALD ISIN: ZAE000117305 ("Sallies" or "the Company") CHANGES TO THE BOARD OF DIRECTORS AND BUSINESS UPDATE Debenture holders are advised that Mr. Albert Gourley has resigned as chief executive officer of Sallies with effect from 1 June 2012. We thank Albert for his leadership, contribution and advice and wish him well with his future plans. Fluormin Plc ("Fluormin"), the holding company of Sallies has engaged financial advisors to assist it with a review of its Witkop Mine. During this review process, Fluormin will consult with its key local stakeholders whilst Fluormin continues to evaluate options to reduce costs. 1 June 2012 Johannesburg Sponsor: Bridge Capital Advisors (Pty) Limited Date: 01/06/2012 13:30:01 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.

Share This Story