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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
African Eagle | LSE:AFE | London | Ordinary Share | GB0003394813 | 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% | 0.275 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:7655Q African Eagle Resources PLC 10 October 2003 AFRICAN EAGLE RESOURCES plc BOARD CHANGES African Eagle Resources plc is pleased to announce the appointment of Mr Geoffrey Cooper as a Non-executive Director of the Company. Mr Cooper brings to African Eagle a distinguished background in commercial law, including extensive experience in the mineral resources sector. The Company also announces with regret the resignation of Mr Herman Oehl as a Non-executive Director. Geoffrey Cooper is a commercial and contracts lawyer with 36 years post-qualification experience, most of it in international mining and the North Sea oil and gas industry. He is currently a legal adviser to Vodafone, one of the UK's largest companies. Geoffrey qualified as a barrister in 1967 and practiced as such until 1974, when he entered the resources industry as in-house lawyer to Tanks Oil and Gas. For twelve years from 1977, Geoffrey was in-house Legal Adviser to BP Minerals, where he played a significant role in a wide variety of commercial and financial negotiations and was responsible for the preparation and efficacy of all the resulting legal documentation. He was a leading member of the BP teams which wrote and negotiated joint venture, project management, royalty, product sale and other contracts for precious metal, base metal, gemstone and uranium projects in 14 countries, including an Indenture between the Olympic Dam JV and the State of South Australia. In addition, he wrote and negotiated financing, including limited recourse finance and gold loans, for several mining projects. He negotiated with the IFC in Washington a loan to, and equity in, an alluvial gold project in Indonesia. He contributed to a number of offer documents for stock market flotation; the scheme of arrangement for BP Minerals to buy out the minority shareholders in Seltrust and the sale of non-core assets and subsidiaries, including the management buyout of the Amari Group. He also wrote and negotiated licences over BP's intellectual property, such as patented metallurgical processes and software used for mineral exploration and the calculation of ore reserves. Herman Oehl's departure to pursue other business interests in North America is noted with regret by the Board. Mr Oehl was a founding shareholder of the Group and had been a non-executive Director since October 2000. He made a considerable contribution to African Eagle's development, thanks to his worldwide business background, and the Company wishes him well in his future ventures. John Park Chairman Key information Full name Geoffrey William Cooper Age 61 Ordinary shares held in Company 623,300 Warrants held in Company 423,300 Other directorships None Directorships held within the past 5 years None For further information Tel Fax John Park (Chairman) African Eagle 00 61 7 5528 6750 00 61 7 5528 6750 Mark Parker (MD) African Eagle 01590 679 420 020 7691 7745 Leesa Peters Conduit PR 078 1215 9885 020 7936 9100 John Robertson Nabarro Wells 020 7710 7400 020 7710 7401 This information is provided by RNS The company news service from the London Stock Exchange END BOAURVRROORRAAA
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