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ASA Asa Resource

1.925
0.00 (0.00%)
13 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Asa Resource LSE:ASA London Ordinary Share GB00B0GN3470 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.925 1.85 2.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

MWANA AFRICA PLC - Directorate Change

10/12/2014 7:15am

PR Newswire (US)


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10 December 2014

                               Mwana Africa PLC

                          ("Mwana" or the "Company")

                              Directorate Change

The Company today announces the appointments of Mr Ngoni Kudenga and Mr Herbert
Mashanyare, who will be joining the Mwana board as Non-Executive Directors with
effect immediately.

Mr Kudenga, a chartered accountant, has over 30 years' experience in finance
and commercial roles accumulated from positions in accounting firms and private
and public corporations. He is founder and Managing Partner of Kudenga & Co.
Chartered Accountants Zimbabwe, an affiliate of BDO since 1998, and a member of
Council of the BDO International Network.

Mr Mashanyare is a mining engineer and member of the Institute of Materials,
Minerals and Mining, with over 30 years' experience in the mining industry. He
currently acts as a consultant to Mimosa Mining Co., where he was previously
Executive Director, and has also previously worked at Zimasco, Rio Tinto
Zimbabwe and the Institute of Mining Research.

Kalaa Mpinga, CEO of Mwana Africa commented:

"I am delighted that Ngoni and Herbert have accepted our invitation to join the
board as Non--Executive Directors. Not only will their appointments strengthen
the independence of the board but also their wealth of experience and knowledge
in a wide range of business areas in Zimbabwe will ensure that they will make a
valuable contribution to the ongoing growth and success of the Company."

Save as disclosed below there are no additional disclosures to be made in
accordance with paragraph (g) of Schedule 2 of the AIM rules.

Ngoni Kudenga, aged 62, has the following current directorships:

Kudenga & Co. Chartered Accountants Zimbabwe

Bindura Nickel Corporation Limited

Hippo Valley Estates Limited

Zimasco Holdings (Pvt) Ltd

Former directorships held in the last five years:

ABC Holdings Ltd

ABC Zimbabwe Limited

Herbert Stanley Mashanyare, aged 61, has no current directorships.

Former directorships held in the last five years:

Mimosa Mining Company

For further information please visit www.mwanaafrica.com or contact:

Mwana Africa PLC                        Tel: +44 (0) 20 3 696 5470

Kalaa Mpinga, CEO

Caroline Mathonsi, Investor Relations

Nominated Adviser and Broker            Tel: +44 (0) 20 7418 8900

Peel Hunt LLP

Matthew Armitt / Ross Allister

Public Relations                        Tel: +27 (0) 11 880 3924

Russell and Associates

Jim Jones/Leigh King

Copyright r 10 PR Newswire

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