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ASX Announcement
22 May 2015
Appointment of New Chairman
The Board of Terramin Australia Limited (ASX: TZN) is pleased to announce that it has resolved to restructure the Chairman's role and responsibilities. The Board has resolved to appoint Mr Feng (Bruce) Sheng as non-executive Chairman and Mr Michael Kennedy as non-executive Deputy Chairman. This appointment recognises Mr Sheng's role in shareholder liaison and investor relations which are key to the development of the Company. Mr Kennedy will assist Mr Sheng as Deputy Chairman and independent director on the Board of Terramin.
Mr Sheng is a principal of Asipac Group Pty Ltd, a major shareholder of Terramin.
For further information, please contact:
Martin Janes
Chief Executive Officer
Terramin Australia Limited
+61 8 8213 1415 [email protected]
Level 3
70 Hindmarsh Square
Adelaide
SA
5000
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Terramin Australia Ltd
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PRODUCER |
CODE : TZN.AX |
ISIN : AU000000TZN3 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Terramin is a zinc and lead development stage company based in Australia. Terramin produces zinc, lead, copper, gold and silver in Australia, develops lead and zinc in Algeria, and holds various exploration projects in Australia. Its main asset in production is ANGAS in Australia, its main asset in development is OUED AMIZOUR (TALA HAMZA) in Algeria and its main exploration properties are MENNINNIE ZINC, TALA HAMZA and BIRD-IN-HAND in Australia. Terramin is listed in Australia and in Germany. Its market capitalisation is AU$ 60.1 millions as of today (US$ 38.6 millions, € 36.2 millions). Its stock quote reached its highest recent level on October 15, 2010 at AU$ 0.80, and its lowest recent point on April 26, 2013 at AU$ 0.01. Terramin has 1 821 139 968 shares outstanding. |