Crescent Gold Limited
ASX : CRE
TSX : CRA
FRANKFURT : CRE5

Crescent Gold Limited

March 08, 2011 00:05 ET

Crescent Gold Limited: Board Change

SUBIACO, WEST AUSTRALIA--(Marketwire - March 8, 2011) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Crescent Gold Limited (TSX:CRA)(ASX:CRE)(FRANKFURT:CRE5) advises that Theodore Backhouse has resigned from the Crescent Board effective 2 March 2011. Theodore has served as a Non-Executive (Nominee) Director since 22 January 2009, being one of two nominated directors of Deutsche Bank AG. His decision to resign follows the recent dilution of Deutsche Bank's shareholding in Crescent. The Company will use this opportunity to further strengthen the skill base of the existing Board structure through the appointment of a suitably qualified replacement for Theodore. The Board wishes to thank Theodore for his support over the term of his service. 

Crescent Gold Limited

Geoff Stanley, Chairman

Additional information related to the Company is available for review at SEDAR or on the Company's website at www.crescentgold.com

ASX Code:  CRE  
TSX Code:  CRA  
FFT Code:  CRE5  

SHARE INFORMATION
ASX Share Price: A$0.080
Issued Shares: 1,077.9m
Market Cap: A$86.2m

Unlisted options:
33.2m
 
ABN 49 087 360 996

Contact Information

  • Crescent Gold Limited - In Australia
    Mark Tory
    Interim Managing Director
    +61 8 6380 7100
    +61 8 6380 7199 (FAX)
    or
    Crescent Gold Limited - In Canada
    Renee Brickner
    +1 604 802 6806
    info@crescentgold.com
    www.crescentgold.com