Manhattan Corporation

Published : April 17th, 2016

Manhattan Appoints Chub Witham COO 4Apr16

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Manhattan Appoints Chub Witham COO 4Apr16

[International Goldfields Limited Letterhead]



ASX Release Monday, 4 April 2016


MANHATTAN APPOINTS SENIOR EXECUTIVE

WILLIAM (CHUB) WITHAM APPOINTED CHIEF OPERATING OFFICER (COO)


Manhattan Corporation Limited ("Manhattan") is pleased to announce the appointment of Mr William (Chub) Witham as Chief Operating Officer ("COO") of the Company.


Chub has over 25 years of experience in the mining, oil and gas, government and corporate sector. He has spent the last three years with the WA Chamber of Minerals and Energy WA Inc. on government relations and policy as manager for the North West and Kimberley working extensively on land access, environmental and infrastructure issues.


Chub has an honours degree in geology and worked as a senior executive for a number of mining, industry consulting companies and government institutions including Australian Minerals & Mining Group, Bauxite Resources Limited, Aspire Mining Limited, Whinnen Resources Limited, Waratah Resources Limited, Galaxy Resources Ltd, World Geoscience Corporation, MIM and the Goldfields Esperance Development Commission.


With his strong track record in our industry, the government and commercial sectors, his demonstrated leadership and people skills, and one who also enjoys the challenge of delivering commercial success, Chub will focus on finalising our project access approvals and development proposals for our Ponton uranium project in WA.


Chub, and or his nominees, has been issued with 3 million (3,000,000) 3 year options to subscribe for 3,000,000 ordinary shares in the Company at an exercise price of 0.001 cents per share. The options are subject to key performance indicators including, by April 2017, gaining on the ground mineral exploration access to the Company's key exploration licence at Ponton, E28/1898 located mostly within the remote Queen Victoria Spring Nature Reserve ("QVSNR"). An Appendix 3B will follow this Announcement.


In late 2015 the Company presented a proposal to the WA Premier and key Ministers to gain exploration access by amending the QVSNR boundaries and excise E28/1898 from the reserve.


The Ponton project has reported JORC resources and exploration targets of 50 to over 80Mlbs of uranium oxide making it the third largest uranium resource project in WA that positions Ponton as a project of key regional, state and national significance. The deposits are shallow and amenable to in-situ recovery ("ISR").


Exploration access to E28/1898 will allow Manhattan to undertake further resource drilling, complete resource estimates, environmental impact statement ("EIS") and commence a bankable feasibility study ("BFS") in preparation for the Ponton ISR uranium mine development approval process.


The Board welcomes Chub to the executive team and look forward to working with him to deliver the required approvals and permits to develop our Ponton ISR uranium project.


For further information please contact: Alan J Eggers Executive Chairman

Telephone: +61 8 9322 6677

Email: [email protected]


Manhattan Corporation Limited ABN 61 123 156 089

Level 1, 37 Ord Street, West Perth WA 6005

Read the rest of the article at www.publicnow.com

Manhattan Corporation

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CODE : MHC.AX
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Manhattan Corp is a exploration company based in Australia.

Its main exploration properties are DOUBLE 8, SICCUS PROJECT, GARDNER RANGE and PONTON in Australia.

Manhattan Corp is listed in Australia. Its market capitalisation is AU$ 952 280 as of today (US$ 687 269, € 602 048).

Its stock quote reached its highest recent level on January 14, 2011 at AU$ 1.44, and its lowest recent point on August 23, 2019 at AU$ 0.00.

Manhattan Corp has 136 040 000 shares outstanding.

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Corporate news of Manhattan Corporation
4/29/2016Manhattan Quarterly Report 31 March 2016
4/21/2016Manhattan Successfully Completes $172,500 Share Placement
4/18/2016Manhattan SPP Closing Date Extension & Revised Timetable
4/17/2016Manhattan Appoints Chub Witham COO 4Apr16
4/17/2016Reported Mineral Resorces and Exploration Targets 7Apr16
4/17/2016Manhattan SPP Offer Documents 4Apr16
4/1/2016Manhattan Share Purchase Plan & Equity Raising
1/29/2016Manhattan Quarterly Report 31 December 2015
10/7/2015Manhattan AGM Notice of Meeting 2015
9/29/2015Manhattan 2015 Annual Report & Financial Statements
9/29/2015Manhattan Corporate Governance Statement & Appendix 4G
7/30/2015Manhattan Quarterly Report 30 June 2015
3/12/2015Manhattan Lapse of Unlisted Options
12/2/2014Manhattan Appendix 3Ys AJE JAGS MC 2Dec14
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