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ORA BANDA MINING LTD — Board/Management Information 2012
Sep 16, 2012
65475_rns_2012-09-16_8231c50b-fc23-460f-889d-74d142f6b7a8.pdf
Board/Management Information
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ASX / MEDIA ANNOUNCEMENT
17 SEPTEMBER 2012
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Board Appointments
Swan Gold Mining Limited (ASX:SWA) (“SWA” or “the Company”) advises that it has appointed Mr Michael Fotios, Mr Peter Farris and Mr Thomas Styblo as non-executive Directors to the Board, effective immediately. Mr Fotios and Mr Farris have been appointed as nominees of Investmet Ltd, while Mr Styblo has been appointed as nominee of DCM DECOmetal GmbH. Mr Martin Depisch will continue as Chairman.
Mr Fotios is a Geologist specialising in economic geology with 27 years extensive experience in exploration throughout Australia for gold, base metals, tantalum, tin and nickel and taking projects from exploration to feasibility. He previously held positions with Homestake Australia Limited and Sons of Gwalia Limited. He was Managing Director with Tantalum Australia NL (now ABM Resources Ltd) from September 1999 to October 2005. His last position was as Managing Director of Galaxy Resources Limited. Michael Fotios is founder and current Executive Chairman of Investmet Ltd. He is also currently a director of ASX listed Northern Star Resources Ltd, Pegasus Metals Ltd, General Mining Corporation Ltd, Horseshoe Metals Ltd, Redbank Copper Ltd and Stirling Resources Ltd.
Mr Farris is a well respected and highly credentialed businessman in the Perth real estate industry and corporate advisory services. He has managed and developed major real estate companies with turnovers in excess of $200 million and has extensive experience in company management. Mr Farris holds a Diploma in Business from Perth Tech and a Diploma in Business from RMIT and is a Member of the Australian Institute of Company Directors. Mr Farris is a director of Investmet Ltd. He is also a director with Northern Star Resources Ltd, Redbank Copper Limited and Stirling Resources Limited.
Mr Styblo is Director of Finance with DCM DECOmetal GmbH. He is an Executive Master of Laws (L.L.M) and holds a Masters Degree in Economics and Social Science (Mag.rer.soc.oec). He is also a director of ASX listed companies Australian Zircon NL, Redbank Copper Limited and Stirling Resources Limited.
The expanded Board will continue to focus on completion of the proposed restructure and recapitalisation of the Company, which will be put before shareholders in general meeting in due course.
An Appendix 3X “Director’s Initial Interest Notice” for each of Mr Fotios, Mr Farris and Dr Styblo will follow.
For more information:
Martin Depisch Chairman Tel: 08 6389 7500
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