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Distributed: July 1, 2010

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Brisbane, July 1, 2010 (ABN Newswire) - FINANCE VIDEO: Marenica Energy (ASX:MEY) CEO John Young Speaks at the Trading and Investment Expo in Brisbane.

John Young (B App Sc (Geol), Grad Dip Tech Management, MAUSIMM, AICD) is a geologist with experience in resource project management. He is a Member of the Australian Institute of Mining and Metallurgy and the Australian Institute of Company Directors and has worked on a wide variety of mineral and resource projects throughout Australia in operational and management roles.

View the Video here:
http://www.abnnewswire.net/multimedia/en/63208/Marenica

Mr Young has held senior management and operational positions at Arrow Resources Management Pty Ltd (management arm of Rothschild), Haddington Resources Ltd, and most recently as CEO and Director of AIM and ASX listed Thor Mining PLC, a company focused in specialty metals.

Marenica Energy Limited is an Australian Stock Exchange listed company with its major focus being the discovery and development of uranium deposits. The Company's principal asset is the Marenica Uranium Project located in the uranium rich Damara Province in Namibia.

The project covers 527sq km, with high prospectivity for both secondary and primary uranium deposits. Marenica Energy Ltd's strategy is to focus on the evaluation of the Marenica Project as well as to identify and acquire other uranium opportunities globally.


About Marenica Energy Limited

Marenica Energy Limited (ASX:MEY), formerly West Australian Metals Limited, is an Australia-based company with focus being the discovery and development of uranium deposits. The Company is engaged in the exploration of mineral tenements in Namibia and Australia. The Company's principal asset is the Marenica Uranium Project located in the Damara Province in Namibia. The project covers 706 square kilometers, with prospectivity for both secondary and primary uranium deposits. The other projects of the Company include Scadden Uranium Project, Northampton Base Metals Project, Dargo Goldfield Project and Badgebup Gold Project.



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Energy General | Financial General | Mining | Uranium | 

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