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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: gemsearcher who wrote (4637)10/6/1999 2:18:00 PM
From: kidl   of 7235
 
SouthernEra's Dr. Christopher Jennings to resign as president and CEO

SouthernEra Resources Limited SUF
Shares issued 26,885,895 Oct 5 close $2.68
Wed 6 Oct 99 News Release
Dr. Christopher Jennings reports
SouthernEra's president and chief executive officer, Dr. Christopher M.H.
Jennings, has informed the board of directors that, as part of the
company's succession plan, it is his intention to relinquish his executive
positions effective Dec. 31, 1999. The board intends to elect Dr. Jennings
to serve as the non-executive chairman of the company. In this position,
Dr. Jennings will continue to play a central role in the company's
exploration and development activities.
"The board and I have been pleased with the progress made by an executive
search firm retained to identify candidates to succeed me as SouthernEra's
president and CEO," said Dr. Jennings.
"The international search identified a number of attractive candidates whom
we feel confident would ensure that SouthernEra will realize the full
potential of both our diamond properties and projects, and the Messina
platinum mines property in South Africa. We expect to be able to announce
the appointment of a new president and CEO prior to the year-end."
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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