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MINBOS RESOURCES LIMITED — Board/Management Information 2013
Aug 5, 2013
65355_rns_2013-08-05_ea935dc6-9c10-428c-85f0-d8a30bd8de01.pdf
Board/Management Information
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06 August 13
ASX Code: MNB PERTH OFFICE Level 1, 278 Stirling Hwy Claremont WA 6010 Australia T: +61 8 9476 4500 E: [email protected] W: www.minbos.com ABN: 93 141 175 493
ASX ANNOUNCMENT/MEDIA RELEASE
Resignation of Chairman
Minbos Resources Limited (“Minbos” or “the Company”) (ASX:MNB) advises that its Non– Executive Chairman, Mr Peter Richards, has today tendered his resignation from the Board of Directors.
Mr Richards was the founding Executive Chairman of Minbos when it listed on the ASX in October 2010 and his leadership oversaw the acquisition of assets in the Democratic Republic of the Congo (DRC) and Angola.
The Board expresses its gratitude for his service as Chairman and his service to shareholders as a Director of the Company.
Scott Sullivan, Managing Director of Minbos said: “ Peter’s leadership has been through an extremely challenging period for Minbos and the broader junior mining market. His wisdom and experience has been valuable for the Board and especially for my introduction into the Company. The Board and I am grateful for his leadership and we wish him the very best for his future endeavours. ”
The Board will make an announcement on Mr Richards’ replacement in due course. Until such an appointment is made, Scott Sullivan will serve as the interim Executive Chairman.
For further information please contact:
Scott Sullivan For media enquiries contact: Managing Director David Ikin – Professional Public Relations [email protected] [email protected] +61 (0) 8 9476 4500 +61 (0) 8 9388 0944
06 August 13
ASX Code: MNB PERTH OFFICE Level 1, 278 Stirling Hwy Claremont WA 6010 Australia T: +61 8 9476 4500 E: [email protected] W: www.minbos.com ABN: 93 141 175 493
About Minbos
Minbos Resources Limited ( ASX:MNB ) is an ASX-listed exploration and development company focused on phosphate ore within the Cabinda Province of Angola and the adjoining areas of the far western DRC. Through its subsidiaries and joint ventures, the Company is exploring over 400,000ha of highly prospective ground hosting phosphate ore.
Minbos is focussing on the development of the high grade Cacata project in Cabinda and the high grade Kanzi project in the far western DRC whilst growing its current resource base in incremental stages on the remaining deposits in both areas.
The Company’s strategy is to specifically target the exploration and development of low cost fertiliser-based commodities in order to tap into the growing global demand for fertilisers. Phosphate is an essential component in certain agricultural fertilisers, with the market supported by the increasing global demand for food and bio-fuel products.