Minbos Resources Limited: Director Appointment
September 2, 2013 (Source: Minbos Resources) — Minbos Resources Limited (“Minbos” or “Company”) (ASX:MNB) is pleased to announce the appointment of Mr Bill Oliver as Non-Executive Director effective immediately.
Mr Oliver is a geologist with over 14 years of experience in the international resources industry working for both major and junior companies. He has substantial experience in the design and evaluation of resource definition programmes as well as co-ordinating all levels of feasibility studies. He has direct experience with bulk commodities having led large scale resource definition projects for Rio Tinto Iron Ore and in his role as a director of Celsius Coal ltd.
Mr Oliver has spent recent years evaluating and assessing several projects across Africa including being responsible for the identification, acquisition and development into production of the Konongo Gold Project while Managing Director of Signature Metals ltd. He is also fluent in Portuguese having lived and worked in Portugal while managing exploration across a range of commodities for Iberian Resources.
Mr Oliver holds an honours degree in Geology from the University of Western Australia as well as a post-graduate diploma in finance and investment from FINSIA. He is also Non-Executive Director of Celsius Coal Ltd and Chief Operating Officer of Orion Gold NL.
Commenting on Mr Oliver’s appointment, Minbos Chairman Scott Sullivan stated:
“I am very pleased to welcome Bill to the Board of Minbos. His expertise and experience, particularly key geological, corporate and African experience will complement the existing Board skill set and help position the Company to move forward in its next phase of growth.”
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Minbos Resources Limited (ASX:MNB) is an ASX-Listed exploration and development company focused on phosphate ore within the Cabinda Province of Angola and the adjoining areas of the far western DRC Through its subsidiaries and joint ventures, the Company is exploring over 400,000 ha of highly prospective ground hosting phosphate ore.
Minbos is focussing on the development of the high grade Cacata project in Cabinda and the high grade Kanzi projec t in the far western DRC whilst growing its current resource base In incremental stages on the remaining deposits in both areas.
The Company’s strategy is to specifically target the exploration and development of low cost fertiliser based commodities in order to tap into the growing global demand for fertilisers. Phosphate is an essential component in certain agricultural fertilisers,with the market supported by the increasing global demand for food and bio-fuel products.
For more information,visit www.minbos.com
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>