Africo Resources Ltd.

Africo Resources Ltd.

July 05, 2011 14:32 ET

Changes to Africo's Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 5, 2011) - Africo Resources Ltd. ("Africo") (TSX:ARL) is pleased to announce the election by shareholders of Messrs. Beat Ehrensberger and Charles Forster to the Board of Directors at Africo's Annual General Meeting held on June 28, 2011.

Mr. Ehrensberger was the Head of Mergers and Acquisitions and has recently been appointed General Counsel for Eurasian Natural Resources Corporation PLC ("ENRC"). Mr. Ehrensberger has been with ENRC for the past 8 years. He began his career in the Tax and Legal Department for Ernst and Young in Switzerland and later worked at a Law Firm in Zurich, Switzerland.

Mr. Forster is the Chief Geologist and Head of Exploration for ENRC Africa. Previously he was the Senior Vice President at Oyu Tolgoi for Ivanhoe Mines Ltd in Mongolia and received the Colin Spence and Thayer Lindsay Awards for his work in Mongolia. Mr. Forster has a long history in the mining industry from his work with a number of major mining companies.

Chris Theodoropoulos, Chairman and President stated, "We are delighted to have two individuals join our board who have such broad experience in the mining industry which adds vital dimensions to our Board. We are building our team with a view to completing the development of the Kalukundi Project in the Democratic Republic of the Congo.

We further wish to thank Messrs. Pieter Deboutte and Tinus Maree, who did not stand for re-election as directors at the meeting, for their invaluable assistance during their tenure as directors."

Note for editors:

Africo Resources Ltd. is a Canadian mineral company engaged in developing, acquiring and exploring for base metal and gold assets in Africa. The company's main project is Kalukundi, a development stage copper-cobalt deposit located in the Katangan Copperbelt in the Democratic Republic of Congo (DRC). The development team has an operational base in the DRC, with the company corporate offices located in Vancouver, Canada.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Africo Resources Ltd.
    Chris Theodoropoulos
    +1(604) 646-3225

    Africo Resources Ltd.
    Larry Okada
    Chief Financial Officer
    +1(604) 646-3225