The Nomination Committee comprises Roger Richer, Ehud Rieger and John Reynolds, with Roger Richer as Chairman, is responsible for regularly reviewing the Board structure, size and composition and makes recommendations to the Board with regard to any adjustments that are deemed necessary.

 

Since the Company listed on the AIM, it has been a priority for the Board to recruit Executive Directors who have the specialist knowledge and professional experience to lead the Group’s mining and exploration activities. Mr Clarke has experience in bringing development projects on stream whilst Mr Takhirzhan T Baratov is currently the General Director of Oriel subsidiaries, Muzbel LLP and Voskhod-Oriel LLP and brings to the Board significant experience of the mining industry with Kazakhstan.

 

The Board includes two Canadians – Messrs Richer and Reynolds – enabling the Group to comply with the requirements of the Toronto Listing Rules on directors and brings to the Board good experience of the Canadian corporate and regulatory environment and, in the case of Mr Richer, knowledge of the minerals resources sector. In view of their specialist nature, the Board has not used external consultants to assist with these appointments.