– UK, London – Caracal Gold PLC (LON: GCAT), the East African-focused gold company, announced the appointment of Noreen Kidunduhu to its Board as the Independent Non-Executive Chair and the appointments of Kevin Warrington, Martin Westerman, Hannah Wang’ombe, and Edward Ruheni as Independent Non-Executive Directors.
About Noreen Kidunduhu
Ms Noreen Kidunduhu is based in Kenya and is the founder of a boutique law firm specialising in legal services for the energy, extractives, and infrastructure sectors in emerging markets. She holds a Master’s in International Energy and Natural Resources Law from the University of Dundee, with academic work focused on Africa’s energy transition and the role of minerals and metals. She serves in several leadership and advisory roles, including as Chair of the Association for Women in Energy and Extractives, Africa Regional Board Member of the Global Alliance of Impact Lawyers and member of the International Chamber of Commerce’s Alternative Dispute Resolution Commission (Kenya) as well as its Working Group on Environmental Goods and Services.
About Martin Westerman
Martin Westerman is based in South Africa and is COO of Marula Mining plc. He has over 25 years’ experience in finance and the mining industry throughout Africa. He held various positions as CFOin various publicly listed and private companies in Australia, the United Kingdom and Southern Africa.
Martin Westerman has spent over a decade specialising in corporate restructuring and recapitalization, International Financial Reporting Standards, financial management, corporate governance and regulatory compliance and reporting. His work in this area has focused on debt and equity restructuring, stabilising operations, turnaround strategies and achieving longer-term sustainable growth.
Martin Westerman holds a Master of Science in Finance and Management and is a Certified Professional Forensic Accountant and also a certified financial modelling valuation analyst.
About Kevin Warrington
Kevin Warrington is based in the United Kingdom and has over 15 years of experience in business administration and operational management, with a strong focus on project management, corporate governance and strategic oversight. In his role, he will work closely with the Board of Directors as a representative of UK-based shareholders.
About Edward Ruheni
Edward Ruheni is a Kenyan national and is currently a non-executive director of AIM Market listed Shuka Minerals plc, private Tanzanian mining and exploration company Takela Mining Tanzania Limited and also GM Operations East Africa for Marula Mining Plc. He has over 10 years of experience in project management and holds a CPA(K) certification and a degree in Commerce and Finance.
About Hannah Wang’ombe
Ms Hannah Wang’ombe has over 10 years’ experience in stakeholder engagement, relationship building, crisis management, and public policy processes at the Kenya Institute for Public Policy Research and Analysis, where she worked as a Researcher and Head of Strategy and Planning. She was also the CEO of the Association of Women in Energy and Extractives in Kenya. She is currently the Natural Resources Program Lead at Oxfam in Kenya. Hannah also serves as a Non-Executive Director of Marula Mining Plc.
About Caracal Gold plc
Caracal Gold plc is an expanding East African-focused gold company with a clear strategy to grow production and resources both organically and through strategic acquisitions. Its immediate aim is to recommence and rapidly increase production to +50,000ozs p.a. and build a JORC compliant resource base of +3Moz. The Company is progressing a well-defined mine optimisation strategy at its 100% owned Kilimapesa Gold Mine in Kenya, where there is significant mid-term expansion potential and the ability to increase gold production to 24,000oz p.a. and the resource to +2Moz (current JORC compliant resources of approx. 706,000oz). Alongside this, Caracal is undertaking a targeted exploration programme at the Nyakafuru Project in Tanzania, which has an established high-grade shallow gold resource of 658,751oz at 2.08g/t contained within four deposits over 280 km2 and appears amenable to development as a large-scale conventional open pit operation.
Caracal’s experienced team has a proven track record in successfully developing and operating mining projects throughout Africa.
The Company is a responsible mining and exploration company and supports the positive social and economic change that it contributes to the communities in the regions that it operates. It is a proudly East African-focused company: it buys locally, employs locally, and protects the environment and its employees and their families’ health, safety, and wellbeing.
For more information: https://caracalgold.com/
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