08:41:03 EDT Thu 28 Mar 2024
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or Name
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West African Resources Ltd
Symbol WAF
Shares Issued 270,301,498
Close 2015-08-31 C$ 0.055
Market Cap C$ 14,866,582
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West African directors Lulin, Jones resign

2015-09-01 00:07 ET - News Release

Mr. Richard Hyde reports

BOARD CHANGES

West African Resources Ltd. non-executive directors Dr. Jean-Marc Lulin and Colin Jones have resigned from the board.

The resignations come as West African looks to reduce its operational expenditure while continuing to develop the Tanlouka gold project in Burkina Faso.

Chairman Mark Connelly thanked Dr. Lulin and Mr. Jones for their contributions to West African.

"Jean-Marc and Colin have been West African's Canada-based board members, and both have played important roles in the direction of the company since our acquisition of Channel Resources and our listing on the TSX Venture Exchange," he said.

"Due to current market conditions, we have made the decision to reduce our operational expenses while we concentrate on completing the feasibility study for the heap-leach gold project, and as such, Jean-Marc and Colin have both offered their resignations. We thank them for their contributions to West African during such an important time in the company's development."

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