ABM Welcomes New Director
Perth, May 9, 2014 AEST (ABN Newswire) - ABM Resources NL (
ASX:ABU) ("ABM" or "The Company") is pleased to announce that the Company has added Mr Louis Rozman to the Board of Directors as a non-executive director. Mr Rozman was nominated as an interim director to ABM by Pacific Road Capital Management Pty Ltd (Pacific Road Capital) under the recently executed Share Subscription Agreement between ABM and Pacific Road Capital.
Pacific Road Capital and the ABM Board are currently cooperating in a formal search process for a suitably qualified director to fill this role in the longer term, and it is expected that appointment will be made within two to three months. The intention is for Mr Rozman to step down as director once that process has been concluded.
Dr Mike Etheridge, Chairman of the Board of Directors said, "We welcome Louis to the Board of Directors of ABM. Louis brings particularly valuable experience in mine development to the Board of ABM as we decide on the next steps to development at the Old Pirate High-Grade Gold Deposit."
About Mr Louis Rozman
Mr Louis Rozman holds degrees in mining engineering (University of Sydney) and mineral economics (Macquarie University) and has over 30 years' experience in mining operations, joint ventures and corporate management internationally. Mr Rozman is a Fellow of the Australian Institute of Company Directors, Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), Chartered Professional (Management) AusIMM. Mr Rozman is currently Managing Partner of Pacific Road Capital, and non-executive director of ASX listed Kula Gold Ltd, Pacific Energy Limited and Carbon Energy Ltd as well as Chairman of AusIMM's Valmin Committee. Mr Rozman is also former COO of AurionGold (and predecessor Delta Gold) and former CEO / MD of CH4 Gas Limited.
About ABM Resources NL
ABM Resources (ASX:ABU) is developing several gold discoveries in the Central Desert region of the Northern Territory of Australia. The Company has a multi-tiered approach to exploration and development with a combination of high-grade production scenarios such as the Old Pirate High-Grade Gold Project, large scale discoveries such as Buccaneer, and regional exploration discoveries such as the Hyperion Gold Project. In addition, ABM is committed to regional exploration programs throughout its extensive holdings including the alliance with Independence Group NL at the regional Lake Mackay Project.
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