Coal of Africa Limited Directorate Change (2569M)

TIDMCZA

RNS Number : 2569M

Coal of Africa Limited

12 October 2016

ANNOUNCEMENT 12 October 2016

DIRECTORATE CHANGE

Coal of Africa Limited ("CoAL" or the "Company") is pleased to announce the appointment of Shangren Ding as a non-executive director of the Company with effect from 11 October 2016.

Shangren Ding, aged 54, is an experienced professional engineer who brings considerable experience to the CoAL board having worked for a number of mining and energy companies as well as acting as a consultant to government geological bureaus. Shangren has over 30 years' experience predominately in the coal mining sector and he has gained extensive operational coal mining knowledge through chief operating roles at a number of mines in the Heilongjiang province in the People's Republic of China. From 1998 to 2004 Shangren was director of technology and equipment at Harbin Zhongqing Gas Co Ltd. Since 2004 Shangren has worked in a number of senior roles for Beijing Haohua Energy Resource Co., Ltd and is also currently the deputy general manager and chief representative in South Africa of Haohua Energy International (Hong Kong) Co Ltd ("HEI"). Shangren is joining the board of CoAL as a representative of HEI, CoAL's largest shareholder.

Chairman, Bernard Pryor, commented "I am delighted to welcome Shangren to our Board. He brings a wealth of experience in coal operations and projects which will be vital to the Company as we look to fulfil our strategy of becoming a significant South African coking coal producer."

Save as set out above there is no further information required to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM rules for Shangren Ding.

For more information contact:

 
                    Chief Executive                              +27 10 003 
 David Brown         Officer              Coal of Africa          8000 
                    Chief Financial                              +27 10 003 
 De Wet Schutte      Officer              Coal of Africa          8000 
                                                                 +27 10 003 
 Celeste Riekert    Investor Relations    Coal of Africa          8000 
                                          Endeavour Corporate    [phone] 
 Tony Bevan         Company Secretary      Services               9100 
 

Company advisors:

 
                           Financial 
 Jos Simson/Emily           PR (United                                [phone] 
  Fenton                    Kingdom)          Tavistock                3150 
 Matthew Armitt/Ross       Nominated                                  [phone] 
  Allister                  Adviser/Broker    Peel Hunt LLP            8900 
 Charmane Russell/Olwen    Financial          Russell & Associates    +27 11 880 
  Auret                     PR (South                                  3924 or 
                            Africa)                                    +27 82 372 
                                                                       5816 
 

Investec Bank Limited is the nominated JSE Sponsor

About CoAL:

CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa. CoAL's key projects include the Vele Colliery (coking and thermal coal), the Greater Soutpansberg Project /MbeuYashu, including CoAL's Makhado Project (coking and thermal coal).

This information is provided by RNS

The company news service from the London Stock Exchange

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October 12, 2016 02:00 ET (06:00 GMT)