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20/07/2017
Orezone Announces Appointment of New Director
 
07/07/2017
ENDEAVOUR ANNOUNCES THE RETIREMENT OF ITS COO
 
31/05/2017
RETIREMENT OF DEPUTY CHAIRMAN - Mineral Deposits Limited
 
 
 
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   11/04/2016
 
Oakbay succumbs to political pressure
 
Oakbay Resources announced the resignation, from all group companies, of both its Non-Executive Chairman, Atul Gupta, and its Chief Executive Officer, Varun Gupta, with immediate effect. Additionally, Duduzane Zuma, has resigned as a Non-Executive Director of Shiva Uranium, a major subsidiary of the Company.
 
The company stated that this decision was due to a sustained political attack on the Company, and the concern that the jobs and livelihoods of nearly one thousand employees would be at immediate risk as a result of the outgoing director’s association with the Company. 
 
In line with the company’s succession plan, Terence Rensen, the existing Lead Independent Non-Executive Director, will take up the role of acting Independent Non-Executive Chairman, and Trevor Scott, the Company’s Financial Director, will take up the role of acting Chief Executive Officer until such time that the board and the nominations committee have identified and appointed the appropriate candidates to fill the vacant positions.
 
The Company’s operations, projects and strategic initiatives will remain unaffected by the changes to the board, and will continue as planned.

 
 
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