Change - Announcement of Cessation::Resignation of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
ALLIANCE MINERAL ASSETS LIMITED
Securities
ALLIANCE MINERAL ASSETSLIMITED - AU0000XINEV7 - 40F
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-Feb-2016 18:25:31
Status
New
Announcement Sub Title
Resignation of Chief Financial Officer
Announcement Reference
SG160219OTHR0FHY
Submitted By (Co./ Ind. Name)
Suen Sze Man
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Chief Financial Officer of the Company.

Alliance Mineral Assets Limited (the "Company") was listed on Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST") on 25 July 2014. The initial public offering of the Company (the "IPO") was sponsored by PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor").

This announcement has been prepared by the Company and its contents have been reviewed by the Sponsor for compliance with the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms Gillian Goh, Director, Head of Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088.

Additional Details

Name Of Person
Paul Andrew Robson
Age
44
Is effective date of cessation known?
Yes
If yes, please provide the date
19/02/2016
Detailed Reason (s) for cessation
Personal reason.

Based on its enquiries, the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. is satisfied that, other than as disclosed in this announcement, there are no material reasons for the cessation of Mr Paul Robson as the Chief Financial Officer of the Company. In addition, there are no concerns with regards to financial reporting that led to the resignation of the Company's Chief Financial Officer and there are no disagreements between the Chief Financial Officer and the Board of Directors of the Company with regards to practices that will have an impact to the Company's financial reporting.

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
16/04/2015
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Oversees the overall financial, accounting, taxation, corporate finance and treasury matters, as well as ensuring compliance with our financial reporting requirements.
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?
No
Past (for the last 5 years)
Nil
Present
Nil