Golden Saint Resources appoints Simon Lawton to Board as Independent Non-Executive Director

– UK, London / AUSTRALIA, Perth – Golden Saint (AIM:GSR) announces that the Company has today appointed Mr Simon Marcus Lawton (aged 53), through his wholly owned company Long Ash Services Limited, to the board of Golden Saint as an independent Non-Executive Director. Simon will also Chair each of the Audit Committee, the Remuneration Committee and the AIM Compliance Committee.

Simon Lawton has an extensive track record as a finance director in a number of growing businesses, including London Stock Exchange listed Tribal Group Plc. Simon led the floatation of Tribal Group Plc onto AIM; a £21m capital fund raising; admission to the Official List of the London Stock Exchange; a £45m takeover of a listed group, HACAS Group plc; and co-negotiated the sale of Mercury Health realising a profit on disposal of £27m. He negotiated and led a number of debt finance rounds with bank syndicates and club arrangements.  Simon was also a Founder Trustee of Tribal Group Foundation, funding health / education projects in Africa and India/Nepal.

Simon left Tribal Group Plc in 2010 and became Chief Financial Officer of Cabo Delgado Investments Limited where he worked on a business turnaround, change management, recapitalisation and merger and acquisition projects in Africa. He left in March 2012 and is currently Chief Financial Officer and board advisor to a number of small and medium enterprises (including start-ups) and also holds five non-executive director positions.

Simon qualified as a Chartered Accountant in 1986 and became a Fellow in 1996.

Cyril D’Silva, Executive Chairman of Golden Saint, commented; “I would like to welcome Simon Lawton to the Board on behalf of myself and my fellow Directors.  We look forward to working with Simon and we are confident that the experience that he brings to the Board, in terms of his financial qualifications and knowledge and his successful and broad business background will be an asset to the Company.”

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