🕐13.04.11 - 04:27 Uhr

East Africa Resources [ASX: EAF] - Appointment of Mark Gray as CEO



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East Africa Resources [ASX: EAF] - Appointment of Mark Gray as CEO

East Africa (ASX: EAF) has appointed Mark Gray as Chief Executive Officer of the Company to take effect on 1 June 2011.

Mr Gray is a solicitor and has particular experience in company restructurings, capitalisations, acquisitions and sales of businesses.

He was Managing Director of ASX listed coal mining company, Bounty Industries Limited from 2005 to 2007.

For the last two years Mark has acted as Corporate Advisor to the Botswana Public Officers Pension Fund, a significant investor in the region�s resources sector.

East Africa�s Chairman and acting Chief Executive Officer Mr Louis Coetzee said that the appointment of a CEO at a time when EAF was looking to significantly increase its investor programs, as it progresses its flagship uranium projects in Tanzania, would be extremely beneficial to the Company and its shareholders.

�Mark brings a unique blend of corporate experience and hands-on experience in Africa which will enable him to align himself very well with East Africa�s operations in Tanzania, and the increasing requirements of promoting these assets to investors,� Mr Coetzee said.

For further information, please contact:

Louis Coetzee
East Africa Resources Limited
Tel: +61 8 9227 3270
Email:

Media:
Fortbridge
Tel: +61 2 9331 0655
Bill Kemmery: +61 400 122 449

Luke Dean: +61 414 535 433



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