ASX Announcement 25 May 2015
Resignation of Director
Atlas Iron (ASX: AGO) advises that David Smith will resign as a Non-executive Director of the Company effective 31 May 2015.
Mr Smith has been an Atlas Director since 2009. During this time he has made an immense contribution to the Company, which has benefited enormously from his extensive mining skills and experience.
"I think the recently announced contractor collaboration agreement is a fantastic innovation which delivers significant value to the Company and the contractors. I have very much enjoyed my time at Atlas and I'm very pleased to have been involved in recent developments in relation to cost savings opportunities and the contractor collaboration model. These types of agreements don't happen very often," commented Mr Smith.
Atlas Chairman David Flanagan thanked Mr Smith for the leadership and specialist iron ore knowledge he has brought to the Company over the last 6 years.
"David's combinations of corporate, management and mining skills have been invaluable to Atlas at both the
high and low points of the cycle," Mr Flanagan said.
With Atlas' new operating model now in place, David wants more time to pursue philanthropic endeavours both in Australia and South East Asia.
"On behalf of the Board, I would like to thank David for his hard work and commitment and wish him all the best," Mr Flanagan said.
Investor Enquiries:
Atlas Iron +61 8 6228 8000
Ken Brinsden, Managing Director
Media Enquiries:
Read Corporate +61 8 9388 1474
Paul Armstrong +61 421 619 084
Atlas Iron Limited
ABN 63 110 396 168
Raine Square, Level 18
300 Murray Street Perth WA 6000
PO Box 7071
Cloisters Square Perth WA 6850
P: +61 8 6228 8000
F: +61 8 6228 8999
E: [email protected]
W: www.atlasiron.com.au
Investor Enquiries
Atlas Iron +61 8 6228 8000
Ken Brinsden, Managing Director
Media Enquiries
Read Corporate +61 8 9388 1474
Paul Armstrong +61 421 619 084