Touchstone Gold Limited

Touchstone Gold Limited

January 30, 2014 02:05 ET

Touchstone Gold Limited: Director Changes

LONDON, UNITED KINGDOM--(Marketwired - Jan. 30, 2014) - Touchstone Gold (TSX:TCH)(AIM:TGL) is pleased to announce the appointment of Franz Forrester as Chief Operating Officer and Executive Director of the Company, and the resignation of Non-Executive Directors Robert Buchan and Paul Cowley. The revised Board of Directors will consist of Fraser Buchan, Ilyas Khan, and Franz Forrester. All directors have elected to not receive cash remuneration.

Franz Alexander Forrester, aged 41 has spent a large part of his career working as a financial adviser in both the UK, and for ten years in Chile where he was a Portfolio Manager at MCC Internacional Ltda and Partner at Wilton Investments Limited. Franz is the co-founder and serves as a trustee director of the Benedictus Trust, a London based charitable organisation focused on the provision of liberal arts education in the UK.

Ilyas Khan, Non Executive Director of the Company, commented: "Franz has diverse expertise and track record in both public and private sectors, and we look forward to working with him to increase shareholder value. We would like to thank both Paul Cowley and Bob Buchan for their contribution to the company."

See appendix for further information in accordance with Rule 17, Schedule Two (g) of the AIM Rules for Companies.

Appendix - AIM Rule 17

Save as disclosed herein, there are no additional disclosures to be made in accordance with paragraph (g) of Schedule 2 of the AIM Rules in relation to Franz Forrester.

Current Directorships

  • Benedictus Trust

Previous Directorships in the Last Five years

  • Winterbourne Investment Management Limited

Contact Information

  • Touchstone Gold Limited
    Brian Morales
    Chief Financial Officer
    +1 647 925 2713

    finnCap Ltd
    Matthew Robinson/Simon Hicks
    Matthew Robinson/Simon Hicks
    +44 20 7220 0500