Directors Appointments and Resignations
Segue Resources Limited (SEG or the Company) is pleased to announce the appointment of Mr Ian Benning as executive director and Mr Nicholas Ong as non- executive director of the Company as of 14 June 2011.
Mr Ian Benning, B.Sc. Eng (Mining), NHD (Metalliferous Mining), MBA, is based in Johannesburg and has 14 years experience in mine production and 16 years experience in Investment Banking, including mining finance, project development strategic management and investment advisory roles. Mr Benning was previously the Mine Overseer with Anglo American Corporation at their President Brand Mine. Mr Benning was later head of Project Finance and head of Investment banking – Mining & Metals at ABSA Capital. He was most recently an Investment Advisor (Private Equity) at African Global Capital.
Mr Nicholas Ong, B.Comm, Grad Dip App Fin, ACIS, MBA, was a Principal Advisor at the Australian Securities Exchange (ASX) in Perth and brings seven years experience in listing rules compliance and corporate governance to the board. Mr Ong was an active member of the ASX JORC Group and has overseen the admission of in excess of 100 companies on to the official list of the ASX. Mr Ong is a member of Chartered Secretary Australia and has a MBA from University of Western Australia. Mr Ong is currently a director of ASX listed Excelsior Gold Limited and AAQ Holdings Limited.
The Company also advises that Mr Paul Fry and Mr Glenn Whiddon have resigned as non –executive director and executive chairman respectively of the Company effective immediately to pursue other business interests. The Board of Directors would like to thank both Mr Fry and Mr Whiddon for their contributions of the Company.
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