Appointment of Executive Chairman


 

TIDMTXR 
 
RNS Number : 8712Q 
Titanium Resources Group Ltd 
10 August 2010 
 
                          Titanium Resources Group Ltd 
                        Appointment of Executive Chairman 
 
10 August 2010: Titanium Resources Group Ltd ("TRG" or "the Company") is pleased 
to announce the appointment of Mr. Wayne Malouf today as Executive Chairman of 
the Company with immediate effect. 
Immediately prior to his appointment, Mr. Malouf was CEO, President and Chairman 
of Diamond Fields International, Ltd., a Toronto Stock Exchange traded company 
(TSX:DFI).  He will continue to serve as non-executive Chairman of DFI. 
Mr Malouf previously served as Executive Vice-Chairman of TRG from the time of 
the Company's IPO in August 2005 (the "IPO") until March 2008, and as a 
non-executive director of the Company from March 2008 until October 2008. 
During that time Mr. Malouf had a pivotal role in the successful restart of 
TRG's mining operations in Sierra Leone.  Prior to the IPO, from 2002 to 2004, 
Mr. Malouf was the chief executive officer of Sierra Rutile Limited. In this 
capacity, he oversaw negotiations and implementation of financing arrangements 
with the European Commission and the Government of Sierra Leone. 
Mr. Malouf earned his BA and JD from St. Mary's University Of San Antonio, 
Texas. He has an MA in social sciences with a focus on economics and 
international relations from the University of Chicago. After a judicial 
clerkship and brief term working in other firms, Mr. Malouf founded his own law 
firm in 1989. 
Mr Malouf has extensive experience in international business, having 
successfully concluded many large transactions in mining and other industries. 
Most recently, he lead the team at DFI that concluded a joint venture 
arrangement between DFI and Manafa International of Saudi Arabia for the 
development of the Atlantis II Red Sea deposit, the largest known polymetallic 
marine deposit in the world. 
John Sisay, Chief Executive, said: 
"Wayne already has extensive knowledge of the Company in addition to his 
significant experience in the mining industry.  I welcome Wayne back to the 
Board of TRG, and look forward to working with him again." 
                                      ENDS 
For further information: 
Titanium Resources Group 
Wayne Malouf, Executive Chairman 
John Sisay, Chief Executive 
Tel: +44 (0) 20 7321 0000 
 
Arbuthnot Securities 
Nominated Advisor 
Richard Johnson / Hugh Field 
Tel: +44 (0) 20 7012 2000 
 
Aura Financial 
Michael Oke/Andy Mills 
Tel: +44 (0) 20 7321 0000 
 
Titanium Resources Group 
Titanium Resources Group is a mining company with operations in the Republic of 
Sierra Leone. The Group is the country's largest private sector employer and 
produces rutile and ilmenite for use in industrial applications. The Group's 
operations have historically accounted for over 65 per cent of the exports of 
Sierra Leone. 
Other Information 
Edward Wayne Malouf (aged 52) holds no interest in TRG ordinary shares nor TRG 
options. 
Mr Malouf will also retain his practice at the Law Office of Edward Wayne Malouf 
in Dallas, Texas.  He has also held the following directorships and 
partnerships: 
+--------------------+---------------------------------------+ 
| Current            | Diamond Fields International Limited  | 
| directorships and  | Kimberley Overseas                    | 
| partnerships       | Diamond Fields (S.L.) Limited         | 
|                    | Diamond Fields (Liberia) Inc.         | 
|                    | Gem Fields Resources Limited          | 
|                    | Diamond Fields Marine Limited         | 
|                    | Diamond Fields Saudi Arabia Limited   | 
|                    | Diamond Fields Potash Saudi Arabia    | 
|                    | Limited                               | 
|                    | Diamond Fields Salt Saudi Arabia      | 
|                    | Limited                               | 
|                    | Red Sea Arabian Resources Limited     | 
|                    | Diamond Commodity Exchange Limited    | 
|                    | Rare Earth Resources Limited          | 
|                    | Rea Sea Holdings Group, Limited       | 
+--------------------+---------------------------------------+ 
|                    |                                       | 
| Former             | Titanium Resources Group Ltd.         | 
| directorships and  | Global Aluminium Limited              | 
| partnerships       | Titanium Fields Resources Limited     | 
| within the past    | SRL Acquisition No. 1 Limited         | 
| five years         | SRL Acquisition No. 3 Limited         | 
|                    | The Natural Rutile Company, Limited   | 
|                    | Bauxite Marketing Limited             | 
|                    | Sierra Rutile Holdings Limited        | 
|                    | Sierra Mineral Holdings I, Limited    | 
|                    | Sierra Rutile Limited                 | 
|                    | Agricultural Resources Group          | 
|                    | MIL (Investments) SARL                | 
+--------------------+---------------------------------------+ 
 
There are no additional disclosures to be made in relation to Mr Malouf pursuant 
to schedule 2(g) of the AIM Rules for Companies. 
 
10 August 2010 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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