Business
Appointment of Chief Executive
Appointment of Chief Executive.
About this update from Great Western Mining Corp. Plc
[{"type":"text","content":"\n \nRNS Number : 4436I Great Western Mining Corp. plc 03 July 2013 \n \n\n3 July 2013\n \nGreat Western Mining Corporation PLC\n(\"Great Western Mining\", \"GWM\" or the \"Company\")\nDavid Fraser appointed as Chief Executive\nGreat Western Mining Corporation plc, the Dublin-based exploration company with 73 square kilometres of mineral claims in South Western Nevada, is pleased to announce the appointment of David Fraser as its new Chief Executive.\nIn May, the Company announced the completion of a successful 9 hole Reverse Circulation drilling programme, thereby taking Great Western to an important milestone. Having reached this point, the Board has decided that the Company now needs to capitalise on the opportunity now revealed. The Company plans to make further announcements in the near future with further information about the next phase of its development.\nAccordingly, David Fraser, an experienced corporate broker and mining sector specialist has agreed to succeed Melvyn Quiller, who remains on the Board but will assume the role of a non-executive Director and also becomes Company Secretary.\nAfter completing a degree in Economics, David entered the City in 1982 as a commodity and derivatives broker, working for leading institutions such as Merrill Lynch and Société Générale, latterly in management roles. In 1993, he established a successful regulated corporate broking and advisory operation, which was subsequently sold to the Dawnay Day investment banking group.\nFor the past 13 years David has advised smaller companies in raising private equity finance to back management buyouts and has advised on a number of transactions relating to the AIM market. He is currently an associate of Fox Davies Capital Limited, the specialist natural resources investment banking company.\nEmmett O'Connell, Chairman, commented:\n\"David shone through as being our strongest candidate for this crucial role; he has the right combination of smaller company expertise and sector experience. Melvyn will remain hands on, taking care of public company administrative matters, while David drives us through our next development stage, with the full support and advice from myself and the rest of the Board.\"\nAside from the information tabulated below, David John Fraser, age 53, has nothing further to disclose under the AIM Rules for Compani...