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 Resources NL (ASX: TAW) (Tawana) announces that Mr Michael Naylor will step down
as Executive Director, Chief Financial Officer and Company Secretary of the Company,
effective close of business on 31 October 2017.
Mr Naylor has been a part-time consultant to Tawana since January 2014. Given the
advanced nature of the Bald Hill Lithium and Tantalum Mine and the workload associated
with bringing the mine into production by the first quarter of 2018, the Company has decided
to engage a full time Chief Financial Officer.
Mr Craig Hasson, the Company’s Commercial Manager will assume an interim CFO position
until the executive search to appoint a new CFO, which is currently underway, has been
Managing Director Mark Calderwood said: “On behalf of the Board and management I wish
to extend my thanks and gratitude to Michael for his contribution and commitment. Michael
has played an integral part in transitioning Tawana from a West African iron ore exploration
company to a fully funded lithium developer. We look forward to building on what the team
has achieved in last 12 months as the company progresses to become a lithium producer in
the first quarter of 2018.”
27 October 2017
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
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