My understanding is that Hamish left on uncertain terms from...

My understanding is that Hamish left on uncertain terms from Braemore as well after only 1.5 years. The below announcement is when he left. CEOs who leave on good terms don't usually leave immediately or forfeit options!!

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17 April 2008

AIM:BRR

Braemore Resources Plc

("Braemore" or "the Company")

Board Changes

The Board of Braemore today announces that Hamish Bohannan has resigned from the
Company with immediate effect.

Mr. Bohannan was appointed Managing Director and Chief Executive Officer of the
Company in November 2006. The settlement terms of the resignation included the
cancellation of the 10,000,000 options granted to him to buy ordinary shares in
the Company.

The Board has appointed David Russell and Clayton Dodd as acting Interim Joint
Chief Executive Officers. Clayton Dodd is currently an Executive Director of the
Company, however David Russell will not be appointed to the Board during this
interim appointment.

David Russell worked alongside Mr. Bohannan from 2006-2007 as an Executive
Director of Braemore's subsidiary Independence Platinum Limited, and currently
works as a consultant to Atomaer Holdings, a shareholder in Braemore. He is a
geologist and investment analyst with over 25 years experience in the resource
finance and mineral resources industries specializing in platinum group metals,
nickel and gold. He is also a Member of the Australasian Institute of Mining and
Metallurgy, a Senior Affiliate of the Securities Institute of Australia and a
member of the Geological Society of South Africa

David Humann, Chairman of Braemore, commented: "The Board would like to thank
Hamish for the significant contribution he has made to developing the platinum
and nickel business over his 15 months with Braemore.

The Company are fortunate to have David Russell and Clayton Dodd step into the
role of acting Joint Chief Executive Officers to continue progress on the
development of our platinum and nickel projects for the time being, whilst we
search for a new Chief Executive Officer. This process is well advanced and a
further announcement will be made in due course."
For further information, please contact:

Braemore Resources Plc
David Humann
Chairman
Tel (Office): +61 8 9218 8833
Tel (Mobile): +61 412 469 193

Investec Bank (UK) Limited
Gerard Kisbey-Green
Tel: +44 20 7597 5167

Parkgreen Communications
Justine Howarth / Erica Nelson
Tel +44 20 7851 7480