Medusa Mining Limited New Board Appointments (2290W)
24 January 2013 - 7:45PM
UK Regulatory
TIDMMML
RNS Number : 2290W
Medusa Mining Limited
24 January 2013
MEDUSA MINING LIMITED
ABN: 60 099 377 849
Unit 7, 11 Preston Street
Como WA 6152
PO Box 860
Canning Bridge WA 6153
Telephone: +618-9367 0601
Facsimile: +618-9367 0602
Email: admin@medusamining.com.au
Internet: www.medusamining.com.au
ANNOUNCEMENT
24 January 2013
NEW BOARD APPOINTMENTS
(ASX & LSE: MML)
Medusa Mining Limited ("Medusa" or the "Company"), advises that
it has appointed and welcomes Mr Gary Powell and Attorney Raul
Villanueva to the Board of Medusa.
Mr Gary Powell
Mr Gary Powell has been appointed Non-executive Director as of
24 January 2013 and brings Philippines operating experience to the
Board. Mr Powell is a geologist with over 30 years of experience
working in West Australia, Central Asia and importantly, since
1997, in the Philippines.
Mr Powell has worked for major and junior companies as an
employee and on a consulting basis. He was a founding and Managing
Director of ASX listed Egerton Gold NL from 1993 to 2000, and more
recently a founding, Non-Executive and then Executive Director from
2004 to 2009 of Metals Exploration plc listed on the Alternative
Investment Market in the United Kingdom. In his role with Metals
Exploration plc, Mr Powell managed the progressing of the Runruno
Deposit (1.39 million ounces of gold, and 25.6 million pounds of
molybdenum) in the Philippines to the drilled up resource stage
(and which is now moving towards construction).
Mr Powell has recently been overseeing the resource drilling at
the Company's Bananghilig Project and will continue to consult to
the Company as required.
Attorney Raul Villanueva
Attorney Raul Villanueva has been appointed an Executive
Director of Medusa as of 24 January 2013 following his recent
appointment as President of the Company's Philippines operating
company, Philsaga Mining Corporation ("Philsaga") in December 2012.
Attorney Villanueva who has been the Executive Vice President of
Philsaga since November 2011 was appointed President of Philsaga
following the retirement of Mr Samuel Afdal.
Attorney Villanueva who has Bachelor degrees in Economics,
Military Science & Tactics, and Law has been a member of the
Integrated Bar of the Philippines and an Attorney and
Counsellor-at-Law since 1994. He brings a focused approach to
improving the operating systems and professionalism of the Company,
based on his education and several years of experience in law as
well as managing companies and will further align the objectives of
the Medusa Group of Companies.
The Board of Directors
Following the appointments of Mr Powell and Attorney Villanueva
as Board members, the Medusa Board now comprises:
Mr Geoffrey Davis Non-executive Chairman
Mr Peter Hepburn-Brown Managing Director
Attorney Raul Executive Director
Villanueva
Mr Andrew Teo Non-executive Director
Dr Robert Weinberg Non-executive Director
Mr Ciceron Angeles Non-executive Director
Mr Gary Powell Non-executive Director
Geoffrey Davis, Non-executive Chairman of Medusa commented:
"We are delighted to welcome Gary and Raul to the Board of
Medusa. They bring a range of key skills and a wealth of experience
that will further bolster Medusa's existing strong management team
and contribute to the continuing success of the Company in the
Philippines.
I would also like to acknowledge the valuable contribution of Mr
Afdal who was a founding Director of Philsaga, and in particular
for instituting the very successful social programmes for and
within the communities in which the Company's operations are
situated."
For further information please contact:
Australia
Medusa Mining Limited +61 8 9367 0601
Peter Hepburn-Brown, Managing
Director
United Kingdom
SP Angel Corporate Finance
LLP (Financial Adviser
& Broker) +44 (0)20 3463 2260
Ewan Leggat/Laura Littley
This information is provided by RNS
The company news service from the London Stock Exchange
END
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