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Mr Antony Sage – Non-Executive Chairman
(B.Com, FCPA, CA, FTIA)
Mr Sage has in excess of 27 years experience in the fields of corporate advisory services, funds management and capital raisings. Mr Sage is based in Western Australia and has been involved in the management and financing of listed mining companies for the last 14 years. Mr Sage is currently the Executive Chairman of listed company Cape Lambert Resources Ltd, and Non-Executive Chairman of listed company, International Petroleum Limited and Fe Limited. Mr Sage is a Non-Executive Director of listed companies, Corvette Resources Limited and Cauldron Energy Limited.
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Mr Timothy Turner - Non-Executive Director
(B.Bus, FCPA, FTIA, Registered Company Auditor)
Mr Turner specialises in business structuring, corporate and trust tax planning and has in excess of 20 years experience in new ventures and capital raisings. As the senior partner of the accounting firm Hewitt, Turner & Gelevitis, he specialises in all areas of business consultancy, strategic planning and is responsible for the issuing of audit opinions. Mr Turner has a Bachelor of Business (Accounting and Business Administration), is a Registered Company Auditor, Fellow of CPA (Australia) and Fellow of the Taxation Institute of Australia. Mr Turner is a Non-Executive Director of listed company, International Petroleum Limited, Cape Lambert Resources Limited and Legacy Iron Ore Limited.
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Frank Timis - Non-Executive Director
Mr Timis is a successful resource entrepreneur. He has interests in numerous resource companies listed in London, Australia and Toronto and assets worldwide. Mr Timis has raised approximately US$1 billion on the financial markets worldwide and is Executive Chairman of African Minerals Limited, an AIM listed mineral exploration company with significant interests in Sierra Leone.
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Mark Ashurst - Executive Director
Mr Ashurst graduated from Sheffield University with a degree in law and is a qualified Barrister and Chartered Accountant. He is a member of the Institute of Chartered Accountants in England and Wales. Mr Ashurst has been employed as a senior investment banker with a broad range of corporate finance and broking skills gained from over 20 years in the City of London. Institutions Mr Ashurst has worked for include BZW, Hoare Govett and, more recently, Canaccord Adams. He has advised both UK and overseas listed companies and has significant expertise in initial public offerings, fund raising and mergers and acquisitions. Mr Ashurst is a Non-Executive Director of African Minerals Limited and is a Director of Eastern Petroleum Corporation Limited.
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Karl Thompson - Executive Director and Chief Operating Officer
Mr Thompson is an accomplished petroleum explorationist with 27 years of technical, operational and managerial experience in the exploration and development of hydrocarbons with major multinational and independent energy companies. He has established a track record as a successful ‘oil finder’ and commercial acquisitions of new venture oil and gas assets as well as corporate takeovers. He spent 18 years with Chevron Corporation where he was Exploration and Production Director as well as Strategic Planning Manager involved in a number of successful oil discoveries and developments as well as new venture acquisitions. Following a successful career with Chevron he started his petroleum consultancy working with companies in West Africa assisting with further hydrocarbon discoveries and new venture acquisitions. He has extensive experience in Europe, Africa and the Middle East working with major multinational companies and new start up AIM exploration companies as well National Oil companies. He holds an MSc in Geophysics from Imperial College London and BSc in Geology from University College London.
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Gibril Bangura - Non-Executive Director
Mr Bangura is an Executive Director of African Minerals Limited and the General Manager of all of African Mineral Limited's Sierra Leone subsidiaries. He is the former Financial Controller of Regent Star International, and Deputy General Manager and director of Bond Tak Mining Company. He has an Advanced Level Certificate from the American College in Cairo, and attended Atlanta Junior College, Atlanta, Georgia as an associate of the Arts and Business Management Faculty.
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Alan Watling- Non-Executive Director
Mr Watling has nearly 30 years of experience in the iron ore industry and has held senior positions in multinational companies with focuses on heavy haul rail, port and mine operations, including Rio Tinto and Fortescue Metals. At Fortescue Metals he was Chief Operating Officer and is now Chief Executive Officer of African Minerals Limited.
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Anthony Wilson - Non-Executive Director
Mr Wilson has had a long career in a number of senior financial positions. Having qualified as a Chartered Accountant, he initially became a partner in general practice before moving into the investment banking sector initially with Wedd Durlacher Mordaunt & Co, the stockjobber, and then with BZW, the investment banking division of Barclays. He was Finance Director for BZW Securities and BZW Asset Management over a period of 10 years. Following BZW, Mr Wilson held various senior management roles as a director for DAKS Simpson Group plc and Panceltica Holdings plc. He is currently a consultant of GreenGoldInvest Corp, which is involved in farming operations in Brazil. Mr Wilson is a Fellow of the Institute of Chartered Accountants in England & Wales and a Fellow of the Chartered Institute for Securities and Investments.
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Information current as at 1 August 2010.

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