Oilex Ltd Appointment of CFO (8620A)

TIDMOEX

RNS Number : 8620A

Oilex Ltd

10 June 2016

ASX Announcement

10 June 2016

ASX: OEX

AIM: OEX

Appointment of Chief Financial Officer and Company Secretary

Oilex Ltd is pleased to announce the appointment of Mr Mark Bolton as Chief Financial Officer (CFO) and Company Secretary, with effect from 10 June 2016.

Mark has worked as CFO and Company Secretary for a number of resource companies since 2003. Prior to that he worked with Ernst & Young stepping down as Executive Director in Corporate Finance. Mark has a Bachelor of Business Degree in Accounting and Finance. His strengths are in the commercial management and financing of resource projects internationally. Coupled with this, he has extensive experience in capital and equity markets in a number of jurisdictions including ASX and AIM.

Managing Director of Oilex, Joe Salomon, said:

"We are delighted to announce Mark's appointment. He comes very highly recommended based on his recognised strong performance and achievements and the Board welcomes him to the senior management team. We look forward to his contribution to our business as we progress the development of our existing assets and as we review additional opportunities for growth. I would also like to thank Cathal Smith for his contribution as interim Company Secretary".

For and on behalf of Oilex Ltd

Jonathan Salomon

Managing Director

For further information, please contact:

 
 Investor                     Nominated                     Media Enquires                Media Enquiries 
  Enquiries                   Adviser                       (UK)                          (Aus) 
  Oilex Ltd                   Strand Hanson                 Vigo Communications           Citadel-MAGNUS 
  Joe Salomon                 Limited                       Public Relations              Public Relations 
  Managing                    Nominated                     Patrick d'Ancona/Chris        Michael Weir 
  Director                    Adviser                       McMahon                       Email: 
  Email: [e-mail]   Rory Murphy/Ritchie           Email:                        [e-mail] 
  Tel: +61                    Balmer                        patrick.dancona@vigocomms.c   Tel: +618 
  8 9485 3200                 Email:                        om                            6160 4900 
  Australia                   [e-mail]      [e-mail]   Australia 
                              Tel: +44 20                   Tel: +44 20 
                              7409 3494                     7830 9700 
                              UK                            UK 
===========================  ============================  ============================  ============================= 
 

This information is provided by RNS

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June 10, 2016 05:17 ET (09:17 GMT)