12 March 2012
Galileo Resources Plc
("Galileo" or the "Company")
Directorate Changes
Galileo announces the appointment of Mr Andrew Sarosi, currently Technical
Director of the Company, as Finance Director, replacing Mr Tony Shakesby who
has resigned. The Company would like to take this opportunity to thank Mr
Shakesby for his services, in particular his efforts in the successful reverse
take-over of Skiptons Global Investment Limited (BVI) and the subsequent
admission of the Company to AIM. Mr Shakesby has agreed to act as financial
consultant to the Company.
Mr Sarosi will continue to act also as Technical Director
Andrew Sarosi holds a B.Sc. Metallurgy and M.Sc. Engineering, University of
Witwatersrand and is a member of The Institute of Materials, Minerals and
Mining. He has more than 10 years corporate and 30 years operationl experience.
He is a director of AIM listed Jubilee Platinum plc, for which he was finance
director from January to July 2010.
The disclosure relating to Andrew's appointment required under paragraph (g) of
Schedule 2 of the AIM Rules for Companies is set out in the Company's Admission
Document.
For further information, please contact:
Galileo Resources
Colin Bird Tel +44 (0)20 7581 4477
Chairman & CEO
Andrew Sarosi Tel +44 (0) 1752 221937
Technical and Finance Director
Beaumont Cornish Limited Tel +44 (0)20 7628 3396
Nominated Advisor and Broker
Roland Cornish/James Biddle
Shore Capital Stockbrokers Limited Tel +44 (0)20 7408 4090
Joint Broker
Jerry Keen/Toby Gibbs
Bishopsgate Communications Tel +44 (0)20 7562 3350
Nick Rome/Shabnam Bashir
A copy of the announcement is available on the Company's website
www.galileoresources.com