ROAD TOWN, TORTOLA, BRITISH VIRGIN ISLANDS, Sept. 1 /CNW/ - CIC Energy
Corp. ("CIC Energy" or the "Company") (TSX:ELC, BSE: CIC Energy) is pleased to
announce the appointment of Mr. Mendi Msimang to the Company's board of
directors, effective immediately.
Mr. Msimang has held senior positions in the government of South Africa
and the African National Congress ("ANC"), the ruling party of South Africa
since Democracy in 1994. He served as South Africa's first High Commissioner
to the United Kingdom (1995-1998) and as a member of South Africa's first
parliament where he was elected Chair of the caucus of the ANC.
Mr. Msimang served on the National Executive Committee of the ANC since
1991 and from 1997 to 2008 he served as Treasurer-General of the ANC. Mr.
Msimang holds South Africa's award for Meritorious Service (Class Silver).
"We are truly honored to have a senior statesman of the caliber and
experience of Mr. Msimang join our board of directors," said Warren Newfield,
CEO and Chairman of CIC Energy. "His lifelong service to the cause of freedom
and democracy in South Africa has earned him a distinctive place in South
Mr. Msimang was training to be a lawyer at the law firm of Nelson Mandela
and Oliver Tambo when he went into exile in 1960, joining Oliver Tambo in
London to run the office of the ANC. Mr. Msimang returned to South Africa from
exile in 1991.
Mr. Msimang is currently Chairman of Circle Capital Developments (Pty)
Ltd, a private company in South Africa.
About CIC Energy Corp.
CIC Energy Corp. is engaged in the advancement of the Mmamabula Energy
Complex at the Mmamabula Coal Field in Botswana, Africa. This planned Complex
is expected to comprise the Mmamabula Energy Project, the Export Coal Project
and a potential Coal-to-Hydrocarbons Project.
CIC Energy has a treasury of approximately C$51 million and has
52,573,969 million shares outstanding and 55,701,469 shares fully diluted. CIC
Energy is listed on the Toronto Stock Exchange (TSX:ELC) and the Botswana
Stock Exchange (BSE:CIC Energy).
For further information:
For further information: on CIC Energy and the Mmamabula Energy Project,
please visit CIC Energy's website at www.cicenergy.com or contact: Erica
Belling, VP Investor Relations, Tau Capital Corp., Tel: (416) 361-9636 ext.
243, Email: email@example.com