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CENTRAL RAND GOLD LIMITED - Resignation of a director

Release Date: 01/04/2014 08:00
Code(s): CRD     PDF:  
Wrap Text
Resignation of a director

Central Rand Gold Limited
(Incorporated as a company with limited liability under the laws of Guernsey,
Company Number 45108)
(Incorporated as an external company with limited liability under the laws of South
Africa, Registration number 2007/0192231/10)
ISIN: GG00B92NXM24
LSE share code: CRND JSE share code: CRD
(“Central Rand Gold” or the “Company”)


Resignation of a director


Central Rand Gold announces that non-executive director, Miklos Salamon, has tendered his
resignation from the board of directors (“the Board”) with immediate effect. As the Company
had just completed its fundraising activities and as it focuses on the implementation of its
new growth strategy, having been a board member for almost 7 years, Miklos felt that it was
the appropriate time to step down from the Board.

Michael McMahon, Chairman of Central Rand Gold, commented: “I am proud to have served
alongside Miklos in various parts of the mining industry for over 20 years. He introduced me
to Central Rand Gold and I have observed at close quarters the significant contribution he
has made in redirecting and stabilising the Company as it has overcome its challenges in
implementing its mining and metallurgical methodology. I and the rest of the Board would like
to thank him for his service and contribution to the Company.”


For further information, please contact:

Central Rand Gold                                                     +27 (0) 87 310 4400
Johan du Toit / Patrick Malaza

Charles Stanley Securities Limited                                  +44 (0) 20 7149 6000
Marc Milmo / Mark Taylor

Merchantec Capital                                                    +27 (0) 11 325 6363
Marcel Goncalves / Monique Martinez

Buchanan                                                            +44 (0) 20 7466 5000
Bobby Morse/Louise Mason
www.buchanan.uk.com

Jenni Newman Public Relations Proprietary Limited                      +27 (0) 11 506 735
Jenni Newman


Johannesburg
1 April 2014

JSE Sponsor
Merchantec Capital

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