Firestone Diamonds plc (“Firestone” or “the Company”), the AIM-quoted diamond mining and exploration company (ticker: AIM: FDI), announces results of the annual general meeting and the appointment of directors.
Annual General Meeting
At the annual general meeting (“AGM”) of the Company held earlier today, all resolutions were duly passed.
Appointment of directors
The Company is pleased to announce the appointment of Braam Jonker to its Board as Non-executive Director with immediate effect. Mr Jonker was the Chief Financial Officer of Western Coal Corp. (WTN:TSX) until its recent acquisition by Walter Energy Inc. He is a member of the Board of Directors of Eastcoal Inc. (ECX: TSXV) and Mandalay Resources Corporation (MND:TSX), where he is also the Interim Chairman of the Board. Mr. Jonker has over 17 years of accounting and corporate finance experience in the mining industry. Mr. Jonker is a Chartered Accountant (South Africa and England & Wales) and holds a Masters Degree in South African and International Tax from Rand Afrikaans University. The information that is required to be disclosed pursuant to Schedule 2 paragrap h (g) of the AIM Rules in respect of Mr. Jonker is set out below.
Due to an administrative error the notice of the AGM did not include resolutions relating to the re-appointment of directors who had been appointed during the year preceding the AGM, as provided for in the Company’s articles of association. As a result, the relevant directors, Tim Wilkes, Angus Ogilvie and Paul Sobie, have been re-appointed by the Board until the next annual general meeting of the Company, at which resolutions for their re-appointment will be proposed.
Welcoming Mr. Jonker to the Board, Philip Kenny, Chairman of Firestone Diamonds, commented: “We are very pleased to be able to welcome someone with the extensive experience of the mining industry as Braam Jonker to the Board of Firestone Diamonds, and believe that he will be able to make a significant contribution to the development of the Company as it makes the transition to become a significant diamond producer.”