Sula Iron and Gold appoint new director

PUBLISHED: 06 Nov 2013 @ 23:22 | Comments (0) |

Sula Iron & Gold (LSE:SULA), an iron ore and gold exploration company focussed on Sierra Leone, have announced the appointment of Mr. Matt Wood as a Non-Executive Director with immediate effect.

Mr. Wood brings a broad range of managerial skills to the role, gained during a career spanning more than 15 years in the financial sector. He is the Managing Director and one of the founders of CMS Advisory Group (‘CMS’), a City-based multi-disciplined advisory firm founded in 2006, which provides a full suite of plc services to growth companies, utilising the small cap expertise of its staff in the areas of corporate finance, corporate law, management accounts and company secretarial.

Prior to this Mr. Wood, who is a qualified chartered accountant, worked as a Nomad in the corporate finance department of Beeson Gregory (which became Evolution Securities and was later sold to Investec), advising both AIM and Full List companies on a wide range of transactions including IPOs, secondary fundraisings, mergers and acquisitions and corporate restructurings.

Mr. Wood is an experienced Non-Executive Director and is currently a Director of Westminster Group Plc and Avarae Global Coins Plc, where he sits on both their audit and remuneration committees.

Sula Chief Executive Nick Warrell said, “I am delighted to welcome Matt to the Company as our new Non-Executive Director. Matt’s commercial understanding coupled with his extensive corporate finance experience makes him a valuable addition to our team as we continue to develop our Ferensola Project in Sierra Leone, which is highly prospective for iron and gold.”

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