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
Coal of Africa Ltd CZA Directorate Change
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