Resignation of Chief Financial Officer and Director
November 24 2009 - 8:33AM
PR Newswire (US)
VANCOUVER, Nov. 24 /PRNewswire-FirstCall/ -- Anooraq Resources
Corporation ("Anooraq" or the "Company") (TSXV:ARQ; NYSE Amex:ANO;
JSE:ARQ) announces that the board of Anooraq (the "board") has
received and accepted the resignation of Mr. Iemrahn Hassen as
chief financial officer and director of the Company with effect
from Monday, November 23, 2009. Mr. Hassen has resigned from the
Company to pursue other business interests. The board extends its
appreciation to Mr. Hassen for his contribution to the Company and
wishes him success in his future business endeavours. The
appointment of a new chief financial officer is currently being
considered by the board and will be communicated to shareholders in
due course. Appointment of an interim chief financial officer will
be announced shortly. On behalf of the Board of Directors Philip
Kotze President and CEO Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. This release includes
certain statements that may be deemed "forward looking statements".
All statements in this release, other than statements of historical
facts, that address the engagement of a new chief financial
officer, future production, reserve potential, exploration
drilling, exploitation activities and events or developments that
Anooraq expects are forward looking statements. Anooraq believes
that such forward looking statements are based on reasonable
assumptions, including assumptions that Anooraq will be able to
engage a new chief financial officer within a reasonable period of
time. Forward looking statements however, are not guarantees of
future performance and actual results or developments may differ
materially from those in forward looking statements. Factors that
could cause actual results to differ materially from those in
forward looking statements include market prices, exploitation and
exploration successes, changes in and the effect of government
policies with respect to mining and natural resource exploration
and exploitation and continued availability of capital and
financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees
of future performance and those actual results or developments may
differ materially from those projected in the forward looking
statements. For further information on Anooraq, investors should
review the Company's annual information form filed on
http://www.sedar.com/ or its form 20-F with the United States
Securities and Exchange Commission and its other home jurisdiction
filings that are available at http://www.sedar.com/. DATASOURCE:
Anooraq Resources Corporation CONTACT: on Anooraq and its South
African properties, please visit our website
http://www.anooraqresources.com/ or call investor services in South
Africa at +27 11 883 0831 or in North America at 1-800-667-2114
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