Wednesday, November 30, 2011

LionGold

LionGold: Dissolves Exco and appoints Stellar Services to assist the Board to drive operations and strategic direction. Co is of view Exco's early task of pursuing gold mining licenses around the world (Mali, Ghana, Philippines and Mongolia) has been met. Board is of view that it is timely now to work to monitor and accelerate gold production in the coming mths. A member of the Exco, Mark Gillie will remain as the person responsible for operation in Africa and advisor Errol Smart is now designated for strategic advice globally.

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