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Re: News Release - Friday, September 14, 2007
Directorate Changes
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.. David Evans appointed as Executive Chairman
.. Luis da Silva appointed President and CEO
.. Guy Pas and Dr. Tom Elder remain on Board as a Non-Executive
Directors
Mano River Resources Inc. ("Mano" or "the Company") the TSX-V and AIM
listed exploration and development company, with divisions focussed on
gold, diamonds and iron ore in West Africa, announces Board changes
effective as of 1 October 2007. These changes reflect the company's
evolution from a focus on exploration to mine development in all three
of the countries in which it operates, namely: Liberia, Sierra Leone
and Guinea.
New Executive Chairman
Guy Pas, founder of Mano, will be stepping down as Chairman, a position
he has held since 1998 and will remain on the Board as a Non-Executive
Director. David Barry Evans, aged 58, will join the Company on 1
October 2007, as Executive Chairman. David brings with him over 30
years of experience across the natural resources sector, with
particular expertise in the development of precious and base metal
projects for both large mining houses and emerging producers. David is
currently a Director for AIM listed Tianshan Goldfields Ltd and was
previously a Director of Kroondal Platinum Ltd and Aquarius Platinum
Ltd where he played an integral part in their growth, financing and
successful development. David is also a Director of Orlando Investments
plc.
David Evans has held the following directorships or partnerships within
the last five years:
Exterra Consulting cc
Tarapaca Resources Ltd (Bermuda)
David Evans currently holds 600,000 common shares of the Company.
New President and CEO
Dr. Tom Elder will be stepping down as President and CEO after nine
years and will remain on the Board as a Non-Executive Director to
ensure a smooth and comprehensive handover. Luis Guilherme Cabrita da
Silva, aged 36, presently Mano's Chief Financial Officer, will be
appointed President and CEO on 1 October 2007. Luis has been with the
Company since February of this year and has a strong corporate and
technical background. Since graduating as a mining engineer from
Camborne School of Mines, Luis gained extensive international
experience with blue-chip resource companies and holds an MBA from
Cranfield School of Management. Luis is also a Director of AiRENA Ltd.
Dr Tom Elder, outgoing President and CEO commented:
"I would like to thank our Chairman, Guy Pas, for his unrelenting and
pioneering contribution to the Company since inception which has been
critical to building Mano's portfolio of assets. As the Company is
moving its focus from resource definition to the mine development of
its core assets, I am delighted that we have been able to secure the
expertise of David Evans as Chairman. David has a proven track record
in bringing African mining projects to fruition, is highly regarded in
the industry and will be an enormous asset to Mano.
"Additionally I am extremely pleased with Luis da Silva's accession to
CEO. Luis has the right background, with an excellent mix of technical
and corporate experience to take the Company forward. Luis will be an
invaluable asset to the Company and on behalf of the board I wish him
the best of luck in his new role.
As the Company moves from exploration to production we are very
confident that Mano has assembled a highly experienced and capable
management team with the necessary skills to deliver strong growth,
exploit new opportunities and most importantly to create significant
value for our shareholders."
Save as set out above, there is no further information to be disclosed
under the AIM Rules.
ENDS
For further information on Mano River Resources and its exploration
programme, you are invited to visit the Company's website at
www.manoriver.com or contact one of the following:
Mano River Resources Inc.
Tom Elder / Luis da Silva
Tel +44 (0) 1235 810 740
mano@manoriver.com
GMP Securities Europe LLP
James Hannon, an Appointed Representative of Panmure Gordon (UK)
Limited.
Tel +44 (0) 20 7459 3606
james.hannon@gmpeurope.com
Pelham PR Ltd
Charles Vivian
Tel +44 (0) 20 7743 6670
charles.vivian@pelhampr.com
James Macfarlane
Tel +44 (0) 20 7743 6375
james.macfarlane@pelhampr.com
The TSX Venture Exchange has not reviewed and does not take
responsibility for the adequacy or accuracy of this release
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Copyright (c) 2007 MANO RIVER RESOURCES INC. (MANA) All rights
reserved. For more information visit our website at
http://www.manoriver.com/ or send mailto:releases@manoriver.com
Message sent on Fri Sep 14, 2007 at 7:21:52 AM Pacific Time
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