Directorate Change
21 July 2009 - 9:00PM
UK Regulatory
TIDMGOA
RNS Number : 0218W
Gemstones of Africa Group PLC
21 July 2009
gemstones of africa group plc
("GOA" or the "Company" OR THE "group")
Directorate Change
Gemstones of Africa Plc (AIM: GOA), announces that David Hargreaves and Nick
Eastwood have stepped down from the Board in order to pursue other interests.
Simon Rollason, Chairman, commented:
"The Board would like to thank David and Nick for their contribution and
commitment since joining the Company. We wish them every success in the
future. Rakesh Patel will now assume the Executive role.
=--- Ends ----
For further information please contact:
Gemstones of Africa Group Plc Tel. 020 7099 1940
Simon Rollason, Non-Executive Chairman
Daniel Stewart & Company plc Tel. 020 7776
6550
Stewart Dick /Simon Leathers
Notes:
Gemstones of Africa Group Plc. is the holding company of a mineral exploration
and development group focusing on gemstone opportunities in Africa. The Group is
led by a management team which has international experience of Gemstones and
Mining in emerging markets worldwide. The Group's objective is to enter into
joint ventures on a number of projects in East Africa and, ultimately, to
increase the value of its assets through the development of these resources and
where appropriate, commence production of these economically feasible assets.
The Group's strategy will focus on working with local partners to promote a
'mine-to-market' philosophy and develop fair trade principles. It is proposed to
produce raw gemstones, undertake the cutting and market the finished quality
gems to realise the full value of the assets. The Directors will utilise both
internal and external expertise to develop the Mineral Assets and ensure that
all gemstones are produced and marketed according to these fair trade
principles.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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