Wednesday 10 August, 2011
Ascot Mining plc
Appointment of a New Director
Ascot Mining Plc
("Ascot" or the "Company")
Appointment of a New Director
London 10 August 2011. Ascot is pleased to announce the appointment of Mr.
Jeffrey Benavides Chaverri as the Financial Director of the Company.
Prior to joining Ascot Mining, Jeffrey was an accounting supervisor for Sykes
Enterprises Inc (symbol SYKE, quoted on Nasdaq), a large services company with
over 2,500 employees based in Costa Rica. Mr. Benavides qualified as an
accountant in 2005 and holds a software engineering degree.
Jeffrey joined the Company in early 2007 as Group Financial Controller. His
responsibilities include preparation of all management accounts for Ascot
Mining, Veritas Mining and Veritas Gold. He is the liaison to Costa Rican tax
authorities and the Company's auditors both in Costa Rica and the UK.
David Jackson, CEO of Ascot Mining, commented "The Board is delighted to
welcome Jeffrey Benavides Chaverri as Financial Director. He has been
effectively fulfilling this role since 2007 and has a firm grasp on the group's
finances from the operational base in Costa Rica. He will now participate fully
in his new board capacity and I trust that he will be a vital part of the team
in delivering financial success".
The Directors of the issuer accept responsibility for this announcement.
- ENDS -
For further information please contact:
Damien Daly
Ascot Mining Plc
+44 (0) 7880 55 46 47
info@ascotmining.com
Heena Karani:
Rivington Street Corporate Finance
+44 (0) 207 562 3393
Heena.karani@rs-cf.com
Nick Rome/Shabnam Bashir:
Nick.Rome@bishopsgatecommunications.com/
Shabnam.Bashir@bishopsgatecommunications.com
Bishopsgate Communications
+44 (0)207 562 3395