Ann: Resignation of Directors, page-4

Not sure how old it is, but sounds like better guys for the job

Proposed Board of Directors

Following the successful completion of the planned Capital raising, it is proposed that the following additional Board members are appointed to the Board:

Mr Stephen Turner

Non Executive Deputy Chairman
Stephen Turner, founder of LSE listed International Ferro Metals, has over twenty years’ experience in financial markets for the last fifteen years has specialised in the natural resources sector.

Stephen has delivered resource projects in Australia, Southern Africa, Fiji, New Caledonia and the Solomon Islands. He was a founding director of the Australian subsidiary of PSG Investment Group, then South Africa’s sixth largest investment bank. He has an extensive network of business contacts and has raised equity capital in Australia, the UK, Hong Kong, Malaysia and the USA. Stephen is an Australian Chartered Accountant.  Stephen is currently a non executive Deputy Chairman of International Ferro Metals Limited.

Mr Terence (Terry) Willsteed

Non Executive Director
Terry Willsteed holds a Bachelor of Engineering (Mining) Honours degree, is a Fellow of the Australasian Institute of Mining and Metallurgy and has, since 1973, been the Principal of consulting mining engineers, Terence Willsteed & Associates. His forty year career in the mining industry has included senior line operational and engineering positions with Zinc Corporation, Mt Isa Mines Ltd and Consolidated Goldfields Ltd. Other public directorships include European Gas Limited up to 1 September 2009, International Ferro Metals Limited, Citigold Corporation Limited and Goldsearch Limited.

In his consulting experience, Terry has been involved in the assessment and development of a wide range of mineral, coal and oil shale projects, and has participated in the management of developing and operating mineral projects both in Australia and internationally.