3 November 2017
Altona Energy Plc
("Altona" or the "Company")
Director Appointment
Altona is pleased to announce that Henry Kloepper has been appointed as a
Non-Executive Director of the Company with immediate effect.
Mr Kloepper is Executive Chairman of URU Metals Limited, a base metals and
uranium explorer and development company. He is also the Chief Executive
Officer of Captor Capital Corporation (formally NWT Uranium Corp.) which is
that company's largest shareholder. Until February this year, he was non-board
CEO of Frontier Lithium Inc., which is developing a world-class lithium deposit
in northwestern Ontario.Mr. Kloepper has worked in investment banking and
structured finance throughout a 30 year career. He has held executive positions
with JP Morgan, Citibank, Bank of America, and North American Trust, in Canada,
the US and Europe. Further information on Mr Kloepper as required by the AIM
Rules for Companies is set out at the end of this announcement.
Mr Qinfu Zhang, Executive Chairman of Altona, commented, "We are delighted to
welcome Henry to the board, bringing his wealth of experience in the resources
sector. We look forward to working closely with him during this exciting next
phase of the Company's development."
Further information on Mr Kloepper:
Henry Josef Kloepper, aged 67, is or has been in the last five years a director
of the following companies:
Current Directorships Directorships in the last 5
years
URU Metals Limited Gilla Inc.
Captor Capital Corporation (formerly NWT Pacific Software Inc
Uranium Corporation)
Kure Technologies, Inc (formerly Unique DealNet Capital Corp.
Broadband Systems Inc)
SoFit Mobile Inc (formerly InterAmerican Primaria Capital (Canada) Ltd
Gaming Inc)
2249872 Ontario Limited A.C. Simmonds & Sons Inc
Live Reel Media Corporation
District Canada Inc
Abacus Capital Corporation
There is no further information on Mr Kloepper to be disclosed under Schedule
Two paragraph (g) of the AIM Rules for Companies.
-ends-
For further information, please visit www.altonaenergy.com or contact:
Altona Energy plc +44 (0)7555 679 245
Qinfu Zhang, Executive Chairman
Leander (Financial PR) +44 (0)7795 168 157
Christian Taylor- Wilkinson
Northland Capital Partners Ltd (Nomad and +44 (0)203 861 6625
Broker)
Matthew Johnson / Gerry Beaney (Corporate
Finance)
John Howes (Corporate Broking)
About Altona
Altona is listed on the London Stock Exchange's AIM market. Its principal
focus is on the evaluation and development of the Company's flagship Arckaringa
Project to exploit the significant coal resources contained in three
exploration licences covering 2,500 sq. kms in the northern portion of the
Permian Arckaringa Basin in South Australia. The Project is designed to
produce syngas products for the Australian market and export from a resource
exceeding 7.8 billion tonnes of coal (1.3 billion tonnes JORC compliant).