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FND Finders Res.

25.25
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Finders Res. LSE:FND London Ordinary Share AU000000FND9 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 25.25 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Appointment of Finance Director

17/12/2010 8:37am

UK Regulatory



 
TIDMFND 
 
FINDERS RESOURCES LIMITED 
 
                       For Release:  17(th) December 2010 
 
James Wentworth appointed Finance Director 
 
Finders Resources Limited (Company) is pleased to announce the appointment of 
James Wentworth as Finance Director. 
 
James's key responsibility will be to complete a financing package for the 
expansion of the Company's Wetar Copper project to 20?25,000 tonnes per year 
copper production.  He will also be responsible for the financing of the further 
development of the Ojolali Project. 
 
James holds a Bachelor of Commerce and a Bachelor of Laws (Honours) from the 
University of Queensland and is a qualified solicitor.  He has more than 17 
years of financial and commercial experience including a number of transactions 
in the mining and mining services industries. 
 
James began his career with law firm Feez Ruthning in Brisbane before joining 
Macquarie Bank in their Project and Structured Finance and Corporate Advisory 
divisions in Sydney and Wellington.  He then moved to New York and worked in the 
Mergers and Acquisitions division of Lehman Brothers for three years before 
joining Goldman Sachs' Principal Investment Area.    He has spent the last nine 
years with Sydney-based private equity firm CHAMP Ventures where he was a 
director and member of the Investment committee. 
 
James is expected to join the board of the Company in February, replacing Mike 
Stirzaker. 
 
Russell Fountain, Finders Chairman commented: "The next twelve months will be a 
very important period for Finders as we move to full scale production at the 
Wetar Island Copper Project and continue to develop the Ojolali resource. 
James's extensive experience in raising debt and equity capital will be critical 
to ensuring that this rapid expansion proceeds on a firm financial footing.  We 
look forward to welcoming him to the board." 
 
 
For further information please contact 
 
Finders Resources Ltd: 
Russell Fountain, Chairman, +61 2 9211 8299 
Chris Farmer, Managing Director, info@findersresources.com 
 
 
 
Additional information required to satisfy the requirements of the rules of the 
AIM market 
Full name:  James Hamilton Wentworth 
Age: 40 
Other existing directorships: Maveric Holdings Pty Ltd, Islo Corporate Finance 
Pty Ltd 
Previous directorships held in the last 5 years: CHAMP Ventures Pty Ltd, APB 
Holdings Australia Pty Ltd (and subsidiaries), HE Parts International LLC (and 
subsidiaries), Employment Services Holdings Pty Ltd (and subsidiaries), G2 
Therapies Pty Ltd (and subsidiaries), Mastermyne Pty Ltd (and subsidiaries). 
James was also a non-executive director of  Spectrum Fire Pty Ltd (and 
subsidiaries) in April 2010 at the time the group was placed into 
administration.   The company was unable to meet its obligations due to a 
downturn in the construction industry.  The business was sold by the 
administrators and no actions have been taken against directors. 
Current shareholding in Finders Resources Ltd:  To be issued 1,100,000 shares by 
the Company at 43c per share to be funded by a loan from the Company. 
 
 
 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Finders Resources Limited via Thomson Reuters ONE 
 
[HUG#1473598] 
 

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