Johannesburg, South Africa — 28 February 2013 – Pan African Resources shareholders have been advised that Jan Nelson has resigned as the company’s CEO and as a member of the board of directors with effect from 1 March 2013.
Revealing this in an announcement here, Pan African said Nelson’s advice remained available to the company. He remained a director of Auroch Minerals, the holding company of the Manica gold project.
The Board has appointed Ron Holding and Cobus Loots as joint interim CEO’s, until a successor is appointed. Holding is currently the chief operating officer of Pan African and has been an employee of Phoenix Platinum Mining (Proprietary) Limited and Pan African since 2001. Loots is the former chief financial officer of Pan African and has been a director of the Company since 2009.
Board chairman Keith Spencer said: “We appreciate Jan’s significant contribution to the transformation and growth of Pan African and particularly in respect of the successful acquisition of Evander Gold Mines.”
Nelson commented: “I am proud to leave the company following the successful achievement of such a significant milestone. I believe Evander will contribute significantly to Pan African’s medium to long term growth.”
Source: Pan African Resources. For more information, click here.