[posting]39293761[/posting]
...off. erklärung liest sich wie folgt..........
Polo Resources Limited ("Polo" or the "Company") - Resignation of Polo Director from Extract Resources Board
TORONTO, April 8 /CNW/ - Polo Resources, the AIM and TSX ("POL") listed
mining company with coal and uranium interests in Africa, Australia and Asia,
announced today that its Executive Chairman, Stephen Dattels, has advised Polo
that he has resigned as a non-executive director of Extract Resources Limited
("Extract"), effective immediately. Polo has a strategic shareholding in
Extract.
Stephen Dattels, Executive Chairman of Polo, said:
"While I have served on the Extract Board, Extract has made significant
progress in identifying the potential of its Rossing South asset as one of the
leading development uranium projects in the world today. Polo is a major
investor in, and supporter of, Extract."
"However, for its own reasons, Polo has previously announced the
evaluation of a range of strategic options to enhance shareholder value with
respect to its shareholding in Extract."
"Extract commenced its own review of strategic options in May 2009."
"In view of all these developments, and the demands of my other
commitments, including in particular as Executive Director of Polo, I have
decided to resign from the Board of Extract."
"I would like to take the opportunity to congratulate the other members
of the Board of Extract, and its management team and employees, on their
success in recent times, and wish them well for what I expect will be a
successful future."
About the Company
Polo is an emerging energy company currently focused on acquiring and
developing advanced stage coal and uranium projects. For complete details on
Polo Resources Limited, management encourages investors and interested parties
to view its public documents filed on AIM Exchange at www.poloresources.com.
