Great experience - the HDG move is really starting now.ACN 115...

Great experience - the HDG move is really starting now.

ACN 115 819 479
L2/22 Oxford Close
Leederville WA 6007
Ph: 9380 4600 Fax: 9381 5911
Email:[email protected]
www.hodgesresources.com.au
6 March 2007
Company Announcements Office
Australian Stock Exchange Limited
Electronic Lodgement System
Dear Sir / Madam
NEW CHAIRMAN APPOINTED
COMPANY SECRETARY RESIGNATION AND APPOINTMENT
MR PETER MULLENS APPOINTED AS DIRECTOR
The Board of Hodges advises that Mr Peter Mullens has been appointed to the
position of non executive Chairman of the Company.
Mr Mullens has a B.Sc majoring in Geology from Monash University in Australia. He
has worked in the industry for 23 years in a number of different roles including mine
geology, exploration geology and in a corporate role with Laramide Resources and
Aquiline Resources both listed in Canada. His work has included 6 years as a mine
geologist for Rio Tinto and Mt Isa Mines at Broken Hill and Mt Isa in Australia, and
has included extensive experience in exploration in Australia, Peru, Argentina, Brazil,
China and Canada.
Mr Mullens was District Manager Argentina then Central America for Mt Isa Mines
from 1994 to 1997 Following this Mullens worked as an independent consultant
geologist based out of Lima, Peru.
In 2002 Mr Mullens joined the Board of Laramide Resources as VP Exploration and
Corporate Development. During his time at Laramide Mullens has been responsible
for identifying and acquiring the Westmoreland Uranium Project located in
Queensland Australia. He has helped with financing and corporate development of
the company and has seen the market capitalisation of Laramide rise from CAD $5.0
million to approximately CAD $650 million. Mullens was also instrumental in
identifying and acquiring Aquiline Resources main asset in Argentina, The Calcatreu
Gold project. Aquiline is also listed on The Toronto Stock exchange, and its market
capitalisation has increased from CAD $4 million to currently around CAD$400
million.
ACN 115 819 479
L2/22 Oxford Close
Leederville WA 6007
Ph: 9380 4600 Fax: 9381 5911
Email:[email protected]
www.hodgesresources.com.au
Mr Mullens is a member of the Australian Institute of Mining and Metallurgy and
brings considerable exploration and mining experience to the Company. He currently
serves as a director of Laramide Resources and is VP Exloration.
.
As part of his package, Mr Mullens has been offered 1,500,000 options in the
Company, subject to shareholder approval at the next general meeting. These
options are on the following terms:
750,000 options at an exercise price of $0.35 expiring 3 years from date of issue; and
750,000 options at an exercise price of $0.50 expiring 3 years from date of issue.
COMPANY SECRETARY RESIGNATION AND APPOINTMENT
Hodges Resources advises that Mr Barry Woodhouse will resign as Company
Secretary, effective 1 March 2007, to concentrate on other business commitments.
Mr Woodhouse will remain as a non executive director. The Company thanks Mr
Woodhouse for his contribution in his role as Company Secretary.
The Company is pleased to advise that Mr Bryan Dixon has been appointed as the
new Company Secretary. Mr Dixon is a Chartered Accountant and affiliate member
of Chartered Secretaries Australia. He has significant experience in company
secretarial matters and has been a non executive director of Hodges since its
inception.
For further information, please call Adrian Griffin on 0418 927 658.
Yours faithfully,
Adrian Griffin
Managing Director