MANA Man.Assd.Csh

 

TIDMMANA 
 
RNS Number : 1394S 
Mano River Resources Inc 
13 May 2009 
 

 
 
13 May 2009 
 
 
TSX-V: MNO 
AIM: MANA 
BOARD APPOINTMENT 
 
 
Mano River Resources Inc. ("Mano" or the "Company") the TSX Venture Exchange 
("TSX-V") and AIM listed exploration and development company focused on gold, 
iron ore and diamonds in West Africa is pleased to announce the appointment of 
Mr Kirill S. Zimin to the Board of Directors. 
Severstal's representative 
 
 
Following the completion of the deal with Severstal in December 2008, and in 
accordance with the agreement signed on 22 May 2008, Mr Zimin has been elected 
as the chosen representative of Severstal Resources to complement the existing 
Board and oversee the 6.29% strategic investment in Mano as well Severstal's 
61.5% interest in the Putu Range iron ore Joint Venture Severstal Liberia Iron 
Ore Ltd. 
 
 
Mr Zimin joined "ZAO Severstal Resources" in 2006 and is Senior Manager for 
Strategy and Corporate Development. In this capacity he is also Head of Business 
Development for Africa. Previously Mr Zimin was Deputy Director General at "OAO 
Kuzbassugol Coal Company" where he joined from "OAO SUAL Holding" having worked 
for over three years as a specialist in corporate governance. Mr Zimin graduated 
from the Moscow State University with a Law degree. 
 
 
Luis da Silva, President & CEO of Mano commented: 
 
 
"This appointment not only strengthens the Mano Board but also our relationship 
with Severstal in taking forward the Company's joint objectives. We have an 
excellent relationship with the Severstal team and we look forward to expanding 
on this in the future. This appointment is an endorsement of the Company's 
strategy as we seek to grow, especially in light of the amalgamation with 
African Aura Resources." 
 
 
There is no other information that is required to be disclosed pursuant to 
Schedule 2 paragraph (g) of the AIM Rules, save as set out below: 
 
 
 
 
+--------------------------------------+--------------------------------------+ 
| Current Directorships                | Past Directorships within last 5     | 
|                                      | years                                | 
+--------------------------------------+--------------------------------------+ 
|                                      | OAO Coal Kuzbassugol                 | 
+--------------------------------------+--------------------------------------+ 
|                                      | Kamensk-Uralsky Metallurgical Works  | 
+--------------------------------------+--------------------------------------+ 
|                                      | Volgograd Aluminimum Smelter         | 
+--------------------------------------+--------------------------------------+ 
|                                      | OAO Metallurg                        | 
+--------------------------------------+--------------------------------------+ 
 
 
 
 
ENDS 
 
 
Severstal Resources is one of the biggest Russian mining companies and manages 
all Severstal's mining assets: two iron ore mining complexes and a coking coal 
complex in northwest Russia, one coking coal complex in USA (PBS Coals), an 
exploration project Severstal Liberia Iron Ore in Western Africa and a mine 
design institute SPb-Giproshakht. Severstal Resources also manages a number of 
gold mining assets in Russia, Kazakhstan and Burkina Faso as well as several 
gold exploration fields in these regions. In 2008 Severstal Resources' mines and 
plants produced 9.3 million tonnes of iron ore pellets, 4.7 million tonnes of 
iron ore concentrate, 4.6 million tonnes of coking coal concentrate, 0.7 million 
tonnes of coking coal, 2.2 million tonnes of steam coal and 6 tonnes of gold.. 
OAO Severstal is an international metals and mining company with a listing on 
the Russian Trading System, Moscow Interbank Currency Exchange and the London 
Stock Exchange. Incorporated in 1993, the company focuses on high value added 
and unique niche products and has a successful track record of acquiring and 
operating high-quality assets in North America and Europe. Severstal owns mining 
assets in Russia and in the US, thus securing its supplies of raw materials. Its 
enterprises are located in Russia, Ukraine, Kazakhstan, United Kingdom, France, 
Italy, United States and Africa.   In 2008, Severstal produced 19.2 million 
tonnes of steel. Revenues were $22.4 billion and EBITDA was $5.4 billion. EPS 
was $2.2. 
 
 
 
 
For further information on Mano River Resources and its development programmes, 
you are invited to visit the Company's website at www.manoriver.com or contact 
one of the following: 
 
 
 
 
Mano River Resources Inc 
Luis da Silva, CEOTel:  +44 (0) 20 7299 4212 
 
 
Evolution Securities Limited 
Simon Edwards / Chris Sim / Neil ElliotTel:  +44 (0) 20 7071 4300 
 
 
Pelham Public Relations 
Charles Vivian / James MacFarlaneTel:  +44 (0) 20 7337 1500 
     Mob: +44 (0) 7797 297903 
 
 
 
 
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term 
is defined in the policies of the TSX Venture Exchange) accepts responsibility 
for the adequacy or accuracy of this release. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 BOAGGGMKNZZGLZM 
 

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