Sihayo Gold Limited (ASX:SIH) Appoints Danny Nolan As Chief Financial Officer
Perth, Oct 1, 2010 AEST (ABN Newswire) - Sihayo Gold Limited (ASX:SIH) is very pleased to announce the appointment of Mr Danny Nolan as Chief Financial Officer ("CFO") of the Company and also CFO of PT Sorikmas Mining, the 75% owned subsidiary of the Company.
Mr Nolan brings 20 years of financial management experience to the Company.
Mr Nolan holds a Bachelor of Business (Accounting) from Monash University, Victoria and is a qualified CPA (Australia).
Mr Nolan has worked in Indonesia since 2000. He was Finance Director (Indonesia) for Telstra Corporation (ASX:TLS) (PINK:TLSYY) for the period 2000 to 2004. From 2004 to the present, he has held a number of senior finance roles with the Saratoga Capital Group, one of Indonesia's foremost private investment groups.
Prior to moving to Indonesia, he was Chief Financial Officer with Comvik International AB, a telecommunications company in Vietnam for two years.
From 1990 to 1998, he spent 8 years with Telstra Corporation in Australia and in Cambodia.
"Mr Nolan brings significant financial management skills to our Company and importantly he also has substantial Indonesian operating experience and this combination will be very valuable to our Company as we move forward through the Definitive Feasibility Study phase and beyond", says Peter Bilbe, Non-Executive Chairman.
About Sihayo Gold Limited
Sihayo Gold Limited (ASX:SIH) is a mineral exploration company with exploration projects in Indonesia.
With recent exploration successes at the company's Sihayo Gold Project, the Board of Sihayo Gold is focused on developing Sihayo Gold to a mining stage to generate maximum shareholders value.
Sihayo Gold is managed by a highly skilled and dedicated team. This team is firmly committed to increasing the value of the company through focused exploration on projects in highly prospective regions.
Management has assembled a high quality portfolio mineral asset that provides an excellent foundation for the company to move from explorer into miner.
Telstra Corporation Limited.
Sihayo Gold Limited