Change - Announcement of Cessation::RESIGNATION OF MANAGING DIRECTOR AND GROUP CHIEF EXECUTIVE OFFICER

Issuer & Securities

Issuer/ Manager
LIONGOLD CORP LTD
Securities
LIONGOLD CORP LTD - BMG5521X1092 - A78

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Mar-2014 21:29:14
Status
New
Announcement Sub Title
RESIGNATION OF MANAGING DIRECTOR AND GROUP CHIEF EXECUTIVE OFFICER
Announcement Reference
SG140331OTHRJ8DE
Submitted By (Co./ Ind. Name)
Tan Soo Khoon Raymond
Designation
Executive Director
Effective Date and Time of the event
31/03/2014 19:00:00
Description (Please provide a detailed description of the event in the box below)
NA

Additional Details

Name Of Person
Nicholas Ng Yick Hing
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2014
Detailed Reason (s) for cessation
Mr Ng has resigned due to his medical condition.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
01/01/2013
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Chief Executive Officer and Managing Director
Role and responsibilities
Responsible for overall management of LionGold Corp Ltd
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
3,400,000 SHARES
Other Directorships
Past (for the last 5 years)
DMG & Partners Securities Pte Ltd/DMG & Partners Nominees Pte Ltd/Summit Nominees Pte Ltd/DMG & Partners Research Pte Ltd/OSK International Asset Management Pte Ltd/
Present
OSK International Investments Pte Ltd /LionGold Corp Ltd/Castlemaine Goldfields Limited/Citigold Corp Ltd/Vista Gold (Antigua) Corp/Compania Inversora Vista S.A/Compania Exploradora Vistex S.A./Minera Nueva Vista S.A/LionGold Bolivia Ltd/LionGold South America Ltd/LionGold Mining Canada Inc/LionGold Australia Pty Ltd