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Coal of Africa Ltd CZA Directorate Change

  Coal of Africa Ltd (CZA) - Directorate Change

RNS Number : 2897S
Coal of Africa Limited
29 November 2012




ANNOUNCEMENT
29 November 2012

                                      

                              Directorate Change

                                      

Coal of Africa Limited  ("the Company" or "CoAL")  announces Mr Wayne  Koonin, 
Finance Director, has today resigned as  a Director with immediate effect,  to 
pursue other interests. Mr  Koonin will remain employed  by the Company for  a 
period of four months until  31 March 2013, to  assist with the transition  of 
responsibilities.

David Brown, Chairman of CoAL, said: "On behalf of the Board, I would like  to 
thank Wayne for his commitment and  contribution in what has been a  difficult 
and challenging two  year period for  the Company  and wish him  well for  the 
future. Wayne's ongoing association with the Company will provide continuation
during the transition phase.  The Company has begun  the process of  selection 
for a successor and will advise on developments when appropriate."



Authorised by

JOHN WALLINGTON

Chief Executive Officer

29 November 2012







For more information contact:

David Brown     Non-Executive Chairman  Coal of Africa +27 11 575 4363
John Wallington Chief Executive Officer Coal of Africa +27 11 575 4363
Sakhile Ndlovu  Investor Relations      Coal of Africa +27 11 575 6858



Company advisors:

Jos   Simson/Emily Financial       PR Tavistock                       +44   20 
Fenton             (United Kingdom)                                   7920
                                                                      3150
Chris     Sim/Neil Nominated Adviser  Investec                   Bank +44   20 
Elliot                                plc         7597
                                                                      5970
Robert Smith       JSE Sponsor        Investec Bank Limited           +27   11 
                                                                      286 7000
Charmane           Financial       PR Russell & Associates      +27   11 
Russell/Jane Kamau (South Africa)                                 880 3924
                                                                      or

                                                                      +27   82 
                                                                      372 5816



About CoAL:

CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company
operating in  South Africa.  CoAL's  key projects  include the  Vele  Colliery 
(coking and thermal coal), the Greater Soutpansberg Project, including  CoAL's 
Makhado Project (coking  coal) and the  Mooiplaats and Woestalleen  Collieries 
(both thermal coal).

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

END


BOAGRBDBSBDBGDC -0- Nov/29/2012 07:17 GMT
 
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