MONTREAL, QUEBEC--(Marketwired - May 2, 2013) - Afri-Can Marine Minerals Corporation ("Afri-Can") (TSX VENTURE:AFA) today announced that it has appointed Mr. Richard M. Tait to the Board of the Corporation. Furthermore, Afri-Can's Board has accepted the resignation of Mr. Howard Messias who has been a Director of Afri-Can for 9 years and Mr. Michael Nicolai who has been a Director for 17 years.
Mr. Tait has over 16 years of experience in the finance and mining industries. He is Managing Director of Afrasia Corporate Finance in Johannesburg, South Africa. He previously held positions as Managing Director, GEM Management; Director, Investment Banking at Standard Bank and Vice-President with Credit Suisse First Boston. He holds a B.Sc. in Chemical Engineering from the University of Cape Town, a B. Comm. from the University of South Africa and an MBA from the Australian Graduate School of Management. Mr. Tait is a nominee of Trinity Asset Management International Ltd, which purchased Afri-Can's financing completed in August 2012. The nomination of Mr. Tait is conditional upon the approval of the TSX Venture Exchange.
The Board would like to acknowledge Mr. Messias and Mr. Nicolai for their strong dedication and commitment to the Corporation over many years. We would wish them continued success with their new ventures.
About Afri-Can Marine Minerals Corporation
Afri-Can is a Canadian company, actively involved in the acquisition, exploration and development of major mineral properties in Namibia. Afri-Can's creative and scientific approach targets large marine diamond deposits in prospective territories.
This press release contains certain "forward-looking statements," as identified in the Afri-Can's periodic filings with Canadian Securities Regulators that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
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