======================================================================
Re: News Releases - Thursday, May 22, 2008
Geoff Stanley Accepts Position as Chairman of the Board of
Directors for Bannerman Resources
======================================================================
Perth, Australia -- 22 May 2008 -- The Board of Directors of Bannerman
Resources Ltd. (ASX: BMN, TSX: BAN, NSX: BMN) is pleased to announce
the appointment of Mr. Geoff Stanley as Non-Executive Chairman of the
Company effective immediately. Mr. Stanley is based in New York and
will replace Mr. Alastair Clayton who will step aside from the role of
Chairman effective immediately.
Geoff Stanley's career in the mining industry spans over 25 years,
including 15 years in New York's financial centre as a Managing
Director, Senior Mining Analyst and Portfolio Manger, most recently
with BMO Capital Markets and Platinum Partners.
Prior to his move to New York from Australia in 1994, Geoff worked as a
mining analyst with Jacksons Ltd, Jardine Fleming, and the Warburg
Group. He spent the first six years of his career as an exploration
geologist with Billiton.
Geoff has been a highly ranked analyst in the Australian, Canadian, and
US equity markets, earning numerous prestigious awards including number
one ranking in the Wall Street Journal's "Best on the Street" survey in
the Metals and Mining category. He is a Fellow of the Australasian
Institute of Mining and Metallurgy, Fellow of the Society of Economic
Geologists, a past President of the New York Metals Analysts Group, and
a member of numerous other industry organizations.
"We are very pleased to welcome Geoff Stanley to the Board," says Peter
Batten, Managing Director and CEO of Bannerman Resources. "Someone of
Geoff's calibre brings a wealth of experience and recognition in both
the Australian and North American capital markets. We are delighted to
continue to attract world class talent to the company and look forward
to his important contribution as we guide the Goanikontes uranium
project through the design and financing stages and through
production."
Mr. Stanley serves on the Board of Directors for Crescent Gold Limited,
also an ASX and TSX listed gold producer.
Mr. Clayton has been Chairman since May 2006 and will remain on the
Board of Directors in the capacity as Non-Executive Director. The Board
wishes to express their appreciation for the valuable contribution made
by Mr. Clayton as Chairman of the Company over the years.
About Bannerman
Bannerman Resources Limited is an emerging uranium producer with
interests in two properties in Namibia and a number of properties in
Botswana and Australia. Its principal and most significant asset is its
80% interest in the Anomaly A project located in the world-class
uranium country of Namibia and situated on a trend southwest of Rio
Tinto's R�ssing uranium mine.
Bannerman is currently focused on accelerating the development of
Anomaly A and the company expects to bring its Anomaly A deposit into
production in 2011.
ENDS
For further information please contact:
Peter Batten
Managing Director
Bannerman Resources
Ph: +61 8 9381 1436
Em: peter@bannermanresources.com.au
Ann Gibbs
Investor Relations
Bannerman Resources
Ph: +1 416 388 7247
Em: ann@bannermanresources.com.au
======================================================================
Copyright (c) 2008 BANNERMAN RESOURCES LIMITED (BAN) All rights
reserved. For more information visit our website at
http://www.bannermanresources.com/ or send
mailto:questions@bannermanresources.com
Message sent on Thu May 22, 2008 at 6:04:43 AM Pacific Time
======================================================================
.