Kalahari Minerals Plc appoints David de Jongh Weill as Non-executive Director

Kalahari Minerals Plc appoints David de Jongh Weill as Non-executive Director

Kalahari Minerals plc, the AIM listed mining exploration group with a portfolio of uranium, copper and base metal interests in Namibia, has appointed David de Jongh Weill as Non-executive Director with immediate effect.  He replaces Steve Galloway, who has stepped down from the board to assume the position of Non-executive Chairman of Extract Resources Limited’s (‘Extract’).  Kalahari’s subsidiary, Kalahari Uranium Limited, holds a 39.81% interest in Extract.

Mr Weill started his professional career with Salomon Brothers in 1983 in derivative products sales and trading. He subsequently became active in proprietary trading for Salomon Brothers in International Fixed Income and Foreign Exchange.  Mr Weill left Salomon in 1989 to develop an international proprietary trading activity with Greenwich Capital Markets.

Thereafter, in 1992, Mr Weill developed his own fund management activity with funds under management growing to over $1.2 billion. From 1998, he has focused on private equity investment, predominantly in natural resource and media and technology companies.  Mr Weill has acquired considerable experience in proprietary trading in international financial markets, investment management, corporate finance, and corporate governance.

Mr Weill is a founder and partner of Chiliogon Partners LLP.

Mr Weill holds a Bachelor of Business Administration, magna cum laude in International Business from the University of Georgia, a Masters of Business Administration from the London Business School, a Masters of Science in Law and Accounting from the London School of Economics and a Masters of Science in Decision Sciences at the London School of Economics.  Mr Weill was called to the Bar of England and Wales by the Honourable Society of Lincoln’s Inn and is a member of the Middle Temple.

Kalahari Chairman Mark Hohnen said,
“David brings with him a wealth of experience in corporate development and we look forward to his participation and guidance in assisting in the development and growth of Kalahari.  Whilst we are naturally sorry that Steve is leaving our board, we are delighted that we will continue to work closely with him as he assumes the position of Non-executive Chairman on the board of Extract.  We also look forward to continuing our relationship with NedCapital Namibia (Pty) Ltd as it continues to advise us on various matters in Namibia and helps us to achieve our strategic development objectives.”

Mr. David de Jongh Weill, aged 50, is or has been a director of the following companies during the previous five years:

Current Directorships:

Caledon Overseas Holdings Limited   
Caledon Resources Plc   
CAN Media Limited  
Chiliogon Limited   
Chiliogon Partners LLP   
Finelot Trading Company Limited   
Hecta Media Inc   
Niger Uranium Limited

Directorships held within the previous five years:
Chiliogon Secretaries Limited
Chiliogon Special Situations LLP
Consulta Veritas Limited~
Microcap Media & Public Relations Limited

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