Mawson West Announces Appointment of New Non-Executive Director
PERTH, AUSTRALIA and TORONTO, ONTARIO -- (Marketwire) -- 03/02/12 -- Mawson West Ltd. (TSX: MWE) ('Mawson' or the 'Company') is pleased to announce the appointment of Philippe Monier to the Board of Directors.
Philippe Monier has over 25 years of corporate and international finance experience, including a number of years in the mining and minerals sectors. He received his MBA from the London Business School and graduated in economics, finance and accounting from the Ecole Superieure de Commerce de Tours - Poitiers, France. Prior to joining Mawson's board, Mr. Monier held previous CFO positions with Anvil Mining, Bateman Engineering, Dynatec and BHP Billiton Base Metals. His experience also includes nine years of investment banking with Lehman Brothers' Natural Resources Group.
Mark Stowell, the Chairman of Mawson, commented, 'We are pleased, Philippe is joining the Board. His experience in the DRC and finance will be of great value to us as the Company moves forward'.
About Mawson West Ltd.
Mawson West Ltd. is an Australian-based copper producer, developer and explorer listed on the Toronto Stock Exchange. Mawson's focus is on the DRC, and its major asset is its 90% ownership of Anvil Mining Congo SARL, which is in the process of being renamed CMCC SARL ('CMCC'). The tenements held by CMCC, comprising 7,300 km2 of contiguous tenure, encompasses the Company's two main projects, the Dikulushi copper-silver mine and the Kapulo copper exploration and development project, as well as multiple exploration targets. The tenements held by CMCC are governed by the Dikulushi Mining Convention.
Mawson's principal objectives are to expand copper production at the Dikulushi mine, commence copper production at the Kapulo project and further explore the area governed by the Dikulushi Mining Convention to identify new targets. Mawson is also investigating other opportunities in the DRC and elsewhere which have the capacity to increase the Company's production in copper and other metals.
Contacts:
Mawson West Ltd.
David Frances
President and Chief Executive Officer
61 8 9321-9669
61 8 9481-2394 (FAX)
dfrances@mawsonwest.com