VANCOUVER, May 5 /CNW/ - Anooraq Resources Corporation ("Anooraq" or the "Company") (TSXV: ARQ; NYSE Amex: ANO; JSE: ARQ) is pleased to confirm the appointment of De Wet Schutte as its Chief Financial Officer ("CFO"), with effect from May 1, 2010. This confirmation follows Mr Schutte's appointment as Acting CFO on December 1, 2009.
De Wet is a qualified chartered accountant, with some 13 years' experience in the mining and industrial sectors. He has previously held executive positions at Renova Investments, Harmony Gold Mining Limited and Mittal Steel, with responsibilities covering corporate transactions, project development and financial reporting in a listed environment.
Anooraq's Chief Executive Officer, Philip Kotze, said, "We are delighted to welcome De Wet into the Anooraq executive team on a permanent basis. This appointment reflects his positive contributions and value add to management and the company displayed in his capacity as acting CFO to date. We look forward to De Wet playing a key role as a senior member of our executive team at Anooraq moving forward."
For further information, please visit our website www.anooraqresources.com, call investor services in South Africa at +27 11 883 0831 or in North America at 1 800 667 2114 or use the contacts referenced below.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
The NYSE Amex has neither approved nor disapproved the contents of this release.
This release includes certain statements that may be deemed "forward looking statements". All statements in this release, other than statements of historical facts, that address the engagement of a new chief financial officer, future production, reserve potential, exploration drilling, exploitation activities and events or developments that Anooraq expects are forward looking statements. Anooraq believes that such forward looking statements are based on reasonable assumptions, including assumptions that Anooraq will be able to engage a new chief financial officer within a reasonable period of time. Forward looking statements, however, are not guarantees of future performance and actual results or developments may differ materially from those in forward looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, changes in and the effect of government policies with respect to mining and natural resource exploration and exploitation and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward looking statements. For further information on Anooraq, investors should review the Company's annual information form filed on www.sedar.com or its form 20-F with the United States Securities and Exchange Commission and its other home jurisdiction filings that are available at www.sedar.com.
SOURCE Atlatsa Resources Corporation
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