Keegan Appoints Robert Sali to Board of Directors
Keegan Resources Inc. (TSX:KGN)(NYSE Amex:KGN) announce that Robert Sali has been appointed a director of the company effective immediately. Mr. Sali, a resident of Singapore, is an experienced mining financier who will serve as an independent director.
Mr. Sali began his career in the financial world in 1987 at the brokerage firms of Levesque Beaubien Inc. and subsequently with BMO Nesbitt Burns. In 1999 he established the operation of Dundee Securities in western Canada, where he directed operations in the equity sales and trading departments.
Shawn Wallace, CEO of Keegan, commented upon the appointment: "I would like to welcome Mr. Sali to the board of directors of Keegan where his experience will prove invaluable. The Company is well financed with $197 million in cash and no debt. Our objective is to continue to focus on prudent deployment of this capital where it will maximize shareholder value. Keegan's management team is continuing its work to better understand and enhance the value of the multi-million ounce Esaase Gold Project through ongoing optimization studies, expansion drilling and strategic acquisitions."
Posted May 3, 2012