/NOT FOR ONWARD DISSEMINATION IN THE UNITED STATES/
TORONTO, July 7 /CNW/ - TEAL Exploration & Mining Incorporated (TSX-"TL")
(JSE-"TEL") ("TEAL") announces that Mr. Frank Abbott has resigned from the
Board of Directors of the Company.
Mr Frank Abbott, the Financial Director of African Rainbow Minerals
Limited ("ARM") and currently the Interim Financial Director of Harmony Gold
Mining Company Limited, has resigned from the TEAL Board of Directors
effective 1st July 2008. He will be replaced by Mr. Mike Arnold, Chief
Financial Officer of ARM on the TEAL Board of Directors.
Forward-Looking Information: Statements contained in this press release
that are not historical facts are forward-looking statements that involve
risks, uncertainties and other factors that could cause actual results,
performance, prospects and opportunities to differ materially from those
expressed or implied by such forward-looking statements. Although TEAL
believes that the assumptions inherent in the forward-looking statements are
reasonable, undue reliance should not be placed on these statements, which
only apply as of the date of this press release. TEAL disclaims any intention
or obligation to update or revise any forward-looking statement, whether as a
result of new information, future events or otherwise. This press release
shall not constitute an offer to sell or the solicitation of an offer to buy
securities of TEAL in any jurisdiction.
For further information:
For further information: Julian Gwillim (VP: Investor Relations and
Corporate Development) on +27 82 4524 389, or firstname.lastname@example.org