27 Mar 2014

Intex has today appointed Mr. Joselito R. Bacani as the new General Manager of the Philippine operations and the Mindoro Nickel project. With a strong experience from several mining operations and projects, excellent network within the industry, and as the former Chairman of the Environmental Committee in the Chamber of Mines, the Company expects that he will add substantial value to the future development of the Mindoro Nickel project.

Mr. Joselito R. Bacani has (56) has more than 17 years of experience from the mining industry in the Philippines from a broad spectrum of projects, such as large nickel projects and the well-known Tampakan Copper Project in the Philippines. In addition to operations management of nickel projects, his area of expertise includes; environmental issues, tailing dam solutions, project planning, permitting, social development and stakeholder engagement, as well as community development. 

Through a long career within in the industry Mr. Bacani, has achieved major achievements in several areas, such as receiving a Presidential Mineral Industry Environmental Award for two (2) companies he has worked with. He has also acted as a consultant to the Chamber of Mines working on projects for Benguet Corp, TVI Pacific and Apex Mines. From 1997 to 2002, Bacani worked on the Tampakan Copper project.

In addition to a personal strong track record from several leading companies within the Philippine mining industry, Joselito has also worked as a manager on some of the largest nickel projects in the Philippines. He has served as Resident Manager for Zambales Diversified Metals Corp / ENK Plc, managing all Mining Production Sharing Agreements (MPSA) for the Acoje nickel project. Mr. Bacani enters Intex from a position as Resident Manager in LnL Archipelago Minerals Inc, where he is responsible for nickel mine direct shipping operations. In Intex, he succeeds Mr. Gamolo who has decided to pursue opportunities outside the Company. Bacani holds a Bachelor of Science in Chemical Engineering from Mapua Institute of Technology (1978).

"Mr. Bacani's experience from the industry is very attractive to us, and we are pleased to be able to utilize his capacity for the operations in the Philippines. Not only has he operational experience, but he is well connected within the industry through his active engagement in the Chamber of Mines, and he knows how to handle all kind of stakeholders. His track record is proven, and I am pleased to welcome Joselito to head our Company in the Philippines and the Mindoro Nickel project", says CEO Henno Grenness.

Oslo, 27 March 2014


Henno Grenness

CEO

Intex Resources ASA



Download Stock Exchange Notice 27th March 2014

For further information, please contact:

Intex Resources ASA

Munkedamsveien 45F

0250 Oslo, Norway

Tel: +47 2311 3344

Fax: +47 2311 3345

Email: vr@intexresources.com



About Intex Resources:

Intex Resources ASA is a diversified mineral exploration company, based in Oslo, Norway. The company is dedicated to the responsible development of natural resources. Intex's main asset is the world class Mindoro Nickel project, located in Mindoro, The Philippines. More information is available at: www.intexresources.

distributed by