ZOLTAV RESOURCES INC. Zoltav announced the appointments, effective immediately, of Marcus Rhodes and Alastair Ferguson, both as non-executive directors of the company. Mr. Rhodes is an experienced director of major publicly-listed companies operating in Russia and the CIS. Mr. Rhodes is currently a non-executive director and chairman of the audit committee of QIWI plc.
Mr. Ferguson has an extensive background in the oil and gas industry and considerable experience of the Russian gas market. He is a non-executive director of JKX Oil and Gas plc, listed on the London Stock Exchange with assets in Eastern and Central Europe, and Kazmunaigaz Exploration and Production, an oil and gas exploration and production company focused on the Caspian region in Kazakhstan. John Grimshaw and Oliver Donagher, non-executive directors of the Company, will retire from the board with immediate effect.
