Board Changes
December 05 2007 - 2:02AM
UK Regulatory
RNS Number:1925J
Equator Exploration Limited
05 December 2007
FOR IMMEDIATE RELEASE 5 December 2007
EQUATOR EXPLORATION LIMITED
Board Changes
LONDON, England: Equator Exploration Limited (AIM: EEL.L) ("Equator").
Equator today updates shareholders on Board changes which take effect
immediately.
Equator is pleased to announce that Theodore Giletti, aged 62, has agreed to
join the Board as a non-executive director. Ted's industry experience in West
Africa and his financial background will be invaluable as the Company implements
its 2008 business strategy. Ted is currently a director of Banco Africano de
Investimentos (BAI), Luanda, and also Angola Capital Partners (ACP). In the past
five years, he was a director of the Tanzania Pyrethrum Marketing Company.
Wade Cherwayko has stepped down as the Chief Executive of the company, but will
remain on the Board as a non-executive director.
The Board of Directors are pleased to announce that Philip Rand has been
appointed to the position of Chief Executive with immediate effect.
The Board regret that Martin Adams was unable to offer himself for re-election
as a director due to other business commitments. The Directors thank him for his
invaluable contributions as a director and wish him well in the future.
For further information please contact:
Philip Rand Richard Hail
Chief Executive Officer Fox-Davies Capital Limited
+44 (0)207 235-2555 (Broker to Equator)
+44 (0)207 936 5234
Roland Cornish
Beaumont Cornish Limited
(Nominated Adviser to Equator) Bobby Morse/Ben Willey
+44 (0)207 628 3396 Buchanan Communications
+44 (0) 207 466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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