Leed Resources plc has decided to step down from the Board in order to pursue his other business interests. His resignation will be effective immediately and Ian Gibbs, Non-Executive Director, will take over as Chairman.

The Company also announces the appointment of Mr John Charles Grundy, as a Non-Executive Director of the Company, effective immediately. Mr Grundy has a wealth of experience as a corporate finance consultant to various companies in South East Asia and Australia. He qualified as a chartered accountant with Pricewaterhouse Coopers, before embarking upon an advisory career within the financial services industry with PwC Consulting and more recently with Presidio Capital, a private investment group in Singapore where he was head of corporate finance and advisory services. His client base there has been within the industrial, manufacturing, energy and consumer sectors.

The Board of Leed would like to thank Jinesh Patel for his contribution to the Company since his appointment at the time of the restructuring of the Company in May 2013. He has overseen a major re-orientation and re-structuring of the Company and driven our investment into what we believe will be an exciting period of growth for the Company.

Tags: Leed Resources plc