Kalahari Minerals plc / Ticker: KAH / Index: AIM / Sector: Mining & Exploration 18 February 2011 Kalahari Minerals plc (?Kalahari? or ?the Company?) Board Changes Kalahari Minerals plc, the AIM listed resource company, is pleased to announce that Mr. Neil MacLachlan, who has held the position of Non-executive Director on the board of Kalahari since March 2009, has been appointed as Executive Director of the Company. Mr. MacLachlan is also a Non-executive Director of Extract Resources Limited (?Extract?), in which Kalahari?s subsidiary, Kalahari Uranium Limited, holds a 41.08% interest, and his appointment as Executive Director of Kalahari is designed to further strengthen the relationship between the two companies as Extract approaches its production phase at the world class Husab Uranium Project (?Husab?). Kalahari?s Executive Chairman, Mark Hohnen, said, ?This is a highly active and critical period for both Extract and Kalahari, as Extract presses forward with its rapid development schedule for the Husab, ahead of establishing one of the world?s largest uranium mines. I believe that Neil?s transition to Executive Director of Kalahari will support this phase of both companies? growth, utilising his extensive corporate and mining industry experience in order to maximise the full potential of Extract?s globally significant and strategic uranium assets.? Mr. MacLachlan holds a science degree with Honours from Manchester University and has more than 30 years of investment banking experience gained in Europe, South East Asia and Australia, including 16 years with the investment banking division of HSBC. Previous roles also include Deputy Chairman & CEO for Wardly Australia Ltd (now HSBC Bank Australia Ltd), Head of Investment Banking at James Capel & Co Ltd, Executive Director of Corporate Finance at Ambrian Partners and Partner at boutique financial advisory business Hill & Young Associates, based in Sydney. He also has extensive mining industry experience, including as Executive Vice President, Asia, for Barrick Gold Corporation, with responsibility for identifying and negotiating new acquisitions in Asia. Mr. MacLachlan is also a Non-executive Director of ASX listed Eurogold Ltd, ASX and NYSE-AMEX listed Samson Oil & Gas Ltd and ASX listed Oklo Resources Ltd.
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