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FORTUNA METALS LTD — Board/Management Information 2012
Oct 23, 2012
64952_rns_2012-10-23_092fea2d-8c55-4ad4-8a1d-9287020b6a07.pdf
Board/Management Information
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PO Box 52 +61 (08) 9295 0388 [email protected] West Perth FAX W EBSITE WA 6872 Australia +61 (08) 9295 3480 www.frontierresources.com.au ABN 96 095 684 389
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ASX : FNT
ASX Limited
Company Announcements Office
24th October, 2012
APPOINTMENT OF DIRECTOR
Frontier Resources Limited is pleased to announce the appointment of Mr Martin Otway M.Sc, as a NonExecutive Director.
Mr Otway is currently a Portfolio Manager at OPVS Group Pte Ltd in Singapore, focused on developing resource based investment funds and providing Corporate Finance advisory services for smaller cap resource companies.
Martin was the Treasurer and Head of Credit Trading Asia, at Unicredit Bank A.G., Singapore Branch for 10 years prior to OPVS. In this role he developed and managed the Proprietary Credit Trading Desk focussing on Asia, Japan and Australia. Mr Otway also managed the Unicredit Bank Singapore’s on and off-balance sheet credit exposures and was consistently voted one of “The Most Astute Bond Investors in Asia” by The Asset magazine.
Mr Otway has been a longer term shareholder in Frontier Resources and presently owns 14.62 million shares or approximately 4.8% of the Company. Martin also subscribed for 1 million shares in the Frontier's subsidiary, Torque Mining Ltd's, Seed Capital raising in mid 2012.
Peter McNeil, Chairman and Managing Director, said “ Frontier is very pleased that we have attracted such a well experienced finance professional to the Company and its Board of Directors. We anticipate that Martin will provide astute advice regarding financial issues and also assist with promoting and marketing the Company, particularly in SE Asia”.
For additional information relating to Frontier Resources, please visit the Company’s website at www.frontierresources.com.au or feel free to contact me.
FRONTIER RESOURCES LTD
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P.A.McNeil, M.Sc. CHAIRMAN / MANAGING DIRECTOR
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