Melbourne, Australia (ABN Newswire) - Archer Exploration Limited (ASX:AXE) advises that Craig Gooden is retiring and has resigned as Company Secretary and Chief Financial Officer, effective 1st August 2014. Craig has agreed to be available for a further three months so that the change of this important role in the Company is achieved efficiently.

Craig has been an integral part of the Company since its incorporation in 2007 and successful IPO in later that year. We have benefited greatly from his depth of industry experience and his strategic, systematic approach to corporate affairs.
The Directors thank Craig for his valued contribution to the Company over the years, and along with the staff wish him well in his retirement.

Archer Exploration Limited advises that Damien Connor has been appointed Company Secretary and Chief Financial Officer, effective 1st August 2014.

Damien has been a member of the Institute of Chartered Accountants since 2002 and is a Graduate of the Australian Institute of Company Directors. Damien has been employed in the resources sector since 2005 and also provides Company Secretary and Chief Financial Officer services to two other ASX-listed entities.



About Archer Exploration Limited:

Archer Exploration Limited (ASX:AXE) is an Australian Stock Exchange listed company with 100% ownership of 15 tenements and one Exploration Licence Application all in South Australia covering 6,053 km2.

Archer also has the rights to all minerals other than uranium on EL4693 covering a further 816 km2. Archer's main project is the Campoona Graphite Project which is located within reach of established and major developing infrastructure. It has a JORC 2004 Resource of 5.27 million tonnes @ 7.6 % TC (based on 2% TC cut-off).



Source:

Archer Exploration Limited



Contact:

Mr Greg English 
Chairman 
Tel: (08) 8205 3343

Mr Gerard Anderson
Managing Director
Tel: (08) 8272 3288