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

COAL OF AFRICA LIMITED - Finance Director Appointed

Release Date: 17/04/2013 07:05
Code(s): CZA     PDF:  
Wrap Text
Finance Director Appointed

Coal of Africa Limited
Incorporated and registered in Australia)
(Registration number ABN 008 905 388)
ISIN AU000000CZA6
JSE/ASX/AIM share code: CZA
("CoAL or the "Company" or the "Group")

ANNOUNCEMENT    
17 April 2013

Finance Director Appointed                                                                        

Coal of Africa Limited (the “Company" or "CoAL") is pleased to advise that Michael Meeser has been appointed as
Chief Financial Officer and Executive Director with effect from 1 June 2013.


Michael George Meeser (48) is a qualified Chartered Accountant and has over 20 years’ extensive local and
international experience in project finance. Michael spent 6 years in London working for Edison Mission Energy
Limited, a company that developed, owned and operated independent power projects world-wide and with interests in
more than 50 power projects and assets of more than $4billion. In 1998, Michael joined Investec Bank’s Project and
Infrastructure Finance business within their Capital Markets’ division. He is currently Head of the Project &
Infrastructure and Commodity & Resource Finance businesses for Africa and is a member of the divisions' executive
committee.


Commenting today David Brown said: "I would like to welcome Michael on board during a challenging and yet exciting
period of the Company’s development. Michael brings a suite of unique skills that will enable the management to
further strengthen the Company’s balance sheet as we bring our coking and thermal coal projects to account. As a
Board we are keen to ensure that we execute on the key milestones necessary for shareholder value growth."


Save as set out below there is no further information required to be disclosed pursuant to paragraph (g) of Schedule 2
of the AIM Rules:


Current Directorships:                                                                          
-Lezmin 2026 CC                                                                                  
-Micawber 264 (Pty) Limited
-Moyeng Energy (Pty) Limited                                                                      
-Nervada Trading 2 (Pty) Limited
-Rheboksfontein Wind Power (RF) (Pty) Limited
-Stand 82 Kyalami Estates CC

Directorships in past 5 years
-Kyalami Estate Homeowners Association (Pty)Limited


AUTHORISED BY:

David Brown
Chairman

For more information contact:
David Brown                                    Chairman                                              Coal of Africa                                        +27 11 575 4363
John Wallington                                Chief Executive Officer                               Coal of Africa                                        +27 11 575 4363
Sakhile Ndlovu                                 Investor Relations                                    Coal of Africa                                        +27 11 575 6858
Tony Bevan                                     Company Secretary                                     Endeavour Corporate Services                          +61 08 9316 9100


Suite 8,7 The Esplanade, Mt Pleasant, Perth WA 6153, Australia, Tel: +61 8 9316 9100, Fax: +61 8 9315 5475, Email: perth@coalofafrica.com
ZA: 2nd Floor, Gabba Building, The Campus, 57 Sloane Street, Bryanston, Johannesburg, South Africa 2021, Tel: +27 11 575 4363, Fax: +27 11 576 7484, Email: adminza@coalofafrica.co.za
Company Registration: ACN 008 905388
David H. Brown - Chairman, John N. Wallington - Chief executive officer, Professor N. A. Nevhutanda - Corporate affairs director
Non-executive directors: Peter G. Cordin, Khomotso B. Mosehla , Dave J. K. Murray, Bernard R. Pryor, Rudolph H. Torlage

Company advisors:
Jos Simson/Emily Fenton                 Financial PR (United Kingdom)        Tavistock                           +44 20 7920 3150
Chris Sim/Neil Elliot                   Nominated Adviser                    Investec Bank plc                   +44 20 7597 5970
Charmane Russell/James Duncan           Financial PR (South Africa)          Russell & Associates                +27 11 880 3924 or
                                                                                                                 +27 82 372 5816
Investec Bank Limited is the nominated JSE Sponsor
About CoAL:
CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa. CoAL’s key projects include the Vele Colliery (coking
and thermal coal), the Greater Soutpansberg Project, including CoAL’s Makhado Project (coking coal) and the Mooiplaats and Woestalleen Collieries (both
thermal coal).




                                                                                                                                                    
Date: 17/04/2013 07:05:00 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