Friday, October 26, 2012

Sir Michael Bromley appointed chairman of Waratah Resources

Waratah Resources

African focused iron ore explorer, Waratah Resources Limited  is pleased to welcome Sir Michael Bromley to the position of Chairman and advise of the upcoming relocation of Waratah's head office to Sydney, New South Wales.
Sir Michael Bromley brings with him a wealth of international business experience built over 40 years of operating companies in numerous countries, including Singapore, Indonesia, Australia, Russia, China and Papua New Guinea (PNG).
 After graduating from school, Sir Michael joined Collins and Leahy, a public company trading in the Highlands of PNG and subsequently started his own company, Bromley and Manton, in 1973.
 Sir Michael sold Bromley and Manton to Collins and Leahy in 1983 and took the position of Managing Director until 2000.
Sir Michael was knighted for his services to commerce in Papua New Guinea.
 He has extensive corporate experience derived from residing on the board of numerous companies, including Heli Niugini Limited, Air Niugini, Orogen Minerals Limited, Steamship Trading Company Limited, Sek No: 35 Limited, Maps Tuna Limited, Chemica Ltd and Hoia Investments Ltd.
The Board values Sir Michael's vast experience in dealing at the highest levels of business and government, extensive knowledge in developing international projects and his exceptional reputation for integrity as paramount to Waratah's growth and progression towards becoming a large-scale iron ore producer.
Following the Board's decision to relocate the Company's head office to Sydney, Mr Terry Streeter and Mr Rod White have resigned from their respective roles of Chairman and Non-Executive Director of Waratah.
 As a major shareholder of the Company, Mr Streeter remains committed to supporting the continued development and future success of Waratah.
The Board thanks Mr Streeter and Mr White for their contributions to the corporate development of the Company during a difficult period in the financial market.
Waratah's head office will soon be relocated to Sydney, New South Wales. New head office details will be released before the end of Q4.

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