REG - Goldstone Resources - Directorate Changes <Origin Href="QuoteRef">GRL.L</Origin>

Goldstone ResourcesAnnouncement

23/11/2015 07:01

RNS Number : 5400G
Goldstone Resources Ltd
23 November 2015
23 November 2015
GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")
DIRECTORATE CHANGES
GoldStone Resources Limited (AIM: GRL), the AIM quoted company focused on gold in West and Central Africa, is pleased to announce the appointment of Mr Kerry Parker as a Non-Executive Director with immediate effect. Mr Parker is replacing Mr Andrew McIlwain as Unity Mining Limited's ("Unity"), the Company's second largest shareholder, representative on the Board. Mr McIlwain has resigned with immediate effect having recently stepped down as Managing Director and CEO of Unity. The Board wishes to extend its thanks and gratitude to Mr McIlwain for his invaluable assistance during his near four years of service to the Company.
Mr Parker is an experienced financial and commercial executive with over 25 years of experience both in Australia and internationally. Mr Parker's experience includes significant equity and debt raising, M&A, commercial negotiation, planning and strategy development. He is currently the Chief Financial Officer of ASX listed Unity. Prior to joining Unity, Mr Parker held the role of Chief Financial Officer at ASX listed Discovery Metals Limited. Other previous roles included Chief Financial Officer and Company Secretary roles at CH4 Gas Limited, Arrow Energy Limited, Inova Resources Limited and Panax Geothermal Limited. Mr Parker holds a Bachelor of Business degree, and is a member of the Institute of Chartered Accountants of Australia and the Australian Institute of Company Directors.
Additional information on Kerry John Parker
The additional information below is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies ("AIM Rules"):
Kerry John Parker (aged 48)
Current Directorships
Past Directorships (within last five years)
Bendigo Mining Pty Ltd
Big Island Mining Pty Ltd
Dargues Gold Mine Pty Ltd
FDBC Resources Pty Ltd
Gabba Resources Pty Ltd
Gabba Resources (Domestic) Pty Ltd
Gabba Resources (International) Pty Ltd
Henty Gold Pty Ltd
Moreton Gold Pty Ltd
Norman Park Resources Pty Ltd
Parker Accounting Services Pty Ltd
Parker Ambor Family Pty Ltd
Parker Investments Brisbane Pty Ltd
Resource Capital Finance and Advisory Pty Ltd
Wombola Gold Pty Ltd
Chinova Resources Cloncurry Mines Pty Ltd
Chinova Resources Operations Pty Ltd
Chinova Resources Osborne Pty Ltd
Chinova Resources Tennant Creek Pty Ltd
Discovery Copper Botswana
Discovery Copper Mauritius
Discovery Metals Botswana
Discovery Metals Mauritius
Osiris Energy Ltd
Panax Holdings Pty Ltd
Raya Group Limited
Panax Singapore #1 PTE
Panax Singapore #2 PTE
Panax Singapore #3 PTE
Scopenergy Petroleum Pty Ltd
Scopenergy Pty Ltd
Thynne Avenue Pty Ltd
Waratah Power Pty Ltd
Mr Parker was previously the Chief Financial Officer and Company Secretary of ASX listed Discovery Metals Limited, during which period Discovery Metals Limited went into voluntary liquidation commencing February 2015. Creditors were left with a shortfall of approximately US$60.0 million from the group. Mr Parker was also a Director at subsidiaries of the group, being, Discovery Copper Botswana, Discovery Metals Botswana, Discovery Copper Mauritius and Discovery Metals Mauritius, which also became insolvent and whose shortfall to creditors is included in the above total.
There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two of the AIM Rules.
**ENDS**
For further information, please contact:
GoldStone Resources Limited

Jurie Wessels
+27 (0)21 913 0388


Strand Hanson Limited

Richard Tulloch / Andrew Emmott
+44 (0)20 7409 3494
Scott McGregor
+27 (0)87 828 0407


SI Capital Limited

Nick Emerson / Andy Thacker
+44 (0)1483 413 500

This information is provided by RNS
The company news service from the London Stock Exchange
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