- Following the announcement made on 7 March 2012 that Strategic Natural Resources had secured the necessary funding to take its Elitheni mine in the Eastern Cape, South Africa into production and commence coal exports, the Board has decided to relocate its Finance function to its operating company, Elitheni Coal (Pty) Ltd.
In consequence, Edward Cox has agreed to step down from his office as the Company's Finance Director with immediate effect but will remain an employee of the Company during a handover period.
At 9:54am: [LON:SNRP
] share price was 0p at 19.25p
Story provided by StockMarketWire.com