**Reed Resources appoints Steven Cole as Deputy Chairman**
Reed Resources Ltd (�RDR�) is pleased to announce the appointment
of Steven Cole
as Deputy Chairman of the Company.
�This marks a significant step in the corporate evolution of RDR
and we are pleased
to have been able to attract a person of Steven�s ability to join
the Board� said
Chairman David Reed.
�Steven not only has strong business and governance experience, but
also has a
sound understanding of the Company having been instrumental, in a
legal capacity,
in the original float of RDR in 2002.�
As RDR has matured as an ASX listed corporation to a current market
capitalization
in the vicinity of $110 million, and with the Company�s Barrambie
Vanadium Project
in the final stage of evaluation, it is timely for RDR to strengthen
its Board with a clear
focus on governance.
�With the Company now attracting institutional investor support and
having regard to
the ASX Corporate Governance Council Recommendations, Steven�s
governance
oversight from a deputy chair role will facilitate my continuation as
executive
chairman of the Company� stated David Reed.
To read the entire announcement go to www.reedresources.com
regards
The Reed Resources Team
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Reed Resources Ltd
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PRODUCER |
CODE : RDR.AX |
ISIN : AU000000RDR5 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Reed Resources is a gold producing company based in Australia. Reed Resources produces gold, nickel in Australia, develops gold, iron, titanium and vanadium in Australia. Its main asset in production is COMET VALE in Australia, its main assets in development are COONEGA and BARRAMBIE in Australia and its main exploration properties are BELL ROCK RANGE, MT MARION and MT FINNERTY in Australia. Reed Resources is listed in Australia. Its market capitalisation is AU$ 18.3 millions as of today (US$ 15.0 millions, € 12.7 millions). Its stock quote reached its highest recent level on June 13, 2008 at AU$ 1.20, and its lowest recent point on July 11, 2014 at AU$ 0.02. Reed Resources has 523 450 016 shares outstanding. |