Afri-Can Marine Minerals Corp. has appointed Richard Tait to the board of the corporation. Furthermore, Afri-Can’s board has accepted the resignation of Howard Messias, who has been a director of Afri-Can for nine years, and Michael Nicolai, who has been a director for 17 years.
Mr. Tait has over 16 years of experience in the finance and mining industries. He is managing director of Afrasia Corporate Finance in Johannesburg, South Africa. He previously held positions as managing director, GEM Management; director, investment banking at Standard Bank; and vice-president with Credit Suisse First Boston. He holds a BSc in chemical engineering from the University of Cape Town, a BComm from the University of South Africa and an MBA from the Australian Graduate School of Management. Mr. Tait is a nominee of Trinity Asset Management International Ltd., which purchased Afri-Can’s financing completed in August, 2012. The nomination of Mr. Tait is conditional upon the approval of the TSX Venture Exchange.
The board would like to acknowledge Mr. Messias and Mr. Nicolai for their strong dedication and commitment to the corporation over many years. The company would wish them continued success with their new ventures.