Proactive investors

Caledon Resources plc was originally formed for the purposes of exploring precious metals in China. However in 2006 the company transformed from gold explorer to coal producer following the acquisition of the Cook Colliery and related mining operations in Australia, from Xstrata Coal Pty Ltd. Since then the Company has acquired the adjacent Minyango project, an area situated in a region of strategic importance within the Bowen Basin, surrounded by some of Queensland’s premier coking and thermal coal mining operations. The Company is now primarily focused on mining coking coal in Queensland. The company currently has coal resources (JORC), coking and thermal, totalling 366.5 million tonnes and 17 million tonnes of reserves.

• 07/11/2008 Caledon - Cook starts to cut the mustard
• 20/05/2008 Caledon Resources: What's the story?

• 18/12/2008 Caledon Resources retrenches to meet downturn
• 19/11/2008 Caledon Resources now cashflow positive
• 24/09/2008 Polo increases stake in Caledon Resources to 26%
• 26/08/2008 Caledon Resources Has First Month of Operational Profitability
• 16/07/2008 Caledon Resources record June coal production at Cook

Caledon Resources plc is a dual listed public Company listed on the Alternative Investment Market of The London Stock Exchange and The Australian Securities Exchange (trading symbol: "AIM:CDN & ASX: CCD").

Caledon  is a coking coal producer and explorer in the Bowen Basin of Queensland, Australia. It acquired the mothballed Cook Mine in late 2006 and has since recommissioned the operation  and  introduced  an innovative new underground mining methodology.

The Company also purchased the nearby Minyango exploration concessions in 2006 and has conducted a number of drilling programs in preparation for a feasibility study.

Target production from these assets is 1 million ('Mt') per annum from 2009 rising to 4Mt per annum by 2015.

 

EXECUTIVE DIRECTORS

Robert J Alford - Executive Chairman

Mr Alford is Executive Chairman of Caledon and is responsible for the overall growth and development of the group.

Mark Trevan - Managing Director

Mr Trevan is the Manager Director and is responsbile for the Group’s Australian operations. Mr Trevan is also a member of the Health, Safety and Environment (‘HSE’) Committee.

Peter Seear - Chief Operating Officer

Mr Seear is the Group’s Chief Operating Officer with overall responsibility for technical direction.

NON-EXECUTIVE DIRECTORS

Graham Mascall - Non-executive Director

Mr Mascall is a Non-executive Director, Chairman of Caledon’s audit committee and a member of both the remuneration and HSE committees.

Nicholas Clarke - Non-executive Director

Mr Clarke is a Non-executive Director, Chairman of Caledon’s remuneration committee and a member of both the audit and HSE committees.

George Salamis - Non-executive Officer

Mr Salamis is a Non-executive Director and a member of the HSE Committee

Stephen R. Dattels - Non-executive Director

Mr. Dattels was the Chairman and founder of Caledon Resources PLC, an AIM-listed Australian coal producer and Chinese exploration company, and was the co-founder and Managing Director of AIM-listed Oriel Resources PLC, a developer of nickel and chrome assets in Kazakhstan. Most recently, Mr. Dattels founded a new venture called CCEC Ltd. which is acquiring thermal coal projects in China. CCEC Ltd. recently merged with Regent Pacific Group Limited, a public company listed on the Hong Kong Stock Exchange.

David de Jongh Weill - Non-executive Director

Mr Weill is a founder and partner of Chiliogon Partners LLP.

FOR FURTHER DETAILS ON CALEDON RESOURCES' CORPORATE STRUCTURE VISIT:

http://www.caledonresources.com/WebForms/CorporateStructure.aspx

 

COMPANY SECRETARY

Jeremy Gorman

Total number of shares in issue: 209, 323, 849

 

 

Ordinary shares:	issued and fully paid	209, 323, 849
	share price	68.00 pence
	exchange	AIM
Convertible loan notes 2010:	total amount	£21.2 million
	coupon	8.5%
	conversion price	50 pence
	expiry	July 2010
	exchange	Luxembourg Stock Exchange
Market capitalisation		£142.3 million