Colombian Mineral Resources plc

November 09, 2012 09:57 ET

New Chairman Appointed

                                                                           9th November 2012

                                   Colombian Mineral Resources Plc
                                       New Chairman Appointed

The  Board  of  Colombian  Mineral  Resources Plc ("CMR"  or  the  "Company")  hereby  announces  the
resignation  of  Mr.  Ignacio  Ozcariz as Chairman of the company and  is  pleased  to  announce  the
appointment of Mr. Carlos Augusto Pena as new Chairman with immediate effect.

Mr.  Ozcariz  will  remain  as Director of the Company pending resolution of  the  current  financial
challenges facing the company.

Given the experience of Mr. Pena, the Directors are delighted that he has accepted this role and  are
confident that he will provide the necessary professional stewardship to assist in the development of
a quality coal exploration and development company.

The Directors of the Company accept responsibility for the announcement.


Colombian Mineral Resources Plc
Tel: +34 648820093
Carlos Augusto Peña - Chairman

LHM Casey McGrath
Tel: +353 1 495 9200
Con Casey

Contact Information

  • Colombian Mineral Resources plc