510A Hay Street
Subiaco WA 6008
PO BOX 2030
Subiaco WA 6904
P + 61 8 9381 2488 F + 61 8 9388 3117
E admin@azimuthresources.com.au
W www.azimuthresources.com.au
C h i e f E xe c u t i v e O f f i c e r
E r c l a r k @ a z i m u t h r e s o u r c e s . c o m . a u
Joshua WardCompany Secretary
E jward@azimuthresources.com.au
DirectorsDavid Dix - Non Executive Chairman Paul Benson - Non Executive Director Stacey Apostolou - Non Executive Director Dean Felton - Non-Executive Director
Issued Capital430,626,680 Ordinary Shares
15,822,581 Unlisted Options
ASX & TSX CodeAZH (Fully Paid Ordinary Shares)
About Azimuth:Azimuth Resources is a Guyana focused gold explorer with a portfolio of gold exploration projects totalling over 8,700km2 of granted licences (East and West Omai
Projects).
Azimuth Board Changes
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.
PERTH AUSTRALIA. Azimuth Resources Limited (ASX and TSX: AZH) (the Company or Azimuth) advises, subsequent to the takeover offer by Troy Resources Limited (Troy) being declared unconditional, the Company has today appointed Mr David Dix as Non-Executive Chairman of the Company, and Mr Paul Benson and Ms Stacey Apostolou as Non-Executive Directors of the Company.
Messrs Michael Hunt, Richard Monti and Sean Harvey have tendered their resignations to the Company. Independent Non-Executive Director, Mr Dean Felton will remain on the Board until Troy proceeds to compulsory acquisition, at which time he will step down.
Mr David Dix, the incoming Chairman, commented:
"The appointment of Troy nominees to the Azimuth Board follows the takeover offer for Azimuth shares having been declared unconditional earlier this week."
"I take this opportunity to thank Michael Hunt, the outgoing chairman, and the outgoing directors, for their efforts in building Azimuth since acquiring the Guyanese gold projects in 2010, and for the professional manner in which they have approached the takeover."
"We encourage any Azimuth shareholders who have not yet accepted the offer to do so as soon as possible to enable Troy to proceed to compulsory acquisition. The sooner this is achieved the sooner we can focus on the project development in Guyana."
For more information contact: Russell Clark
Chief Executive Officer Tel: +61 8 9381 2488 rclark@azimuthresources.com.au
www.azimuthresources.com.au
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