New Strategy and Directorate Change

Written by niall. Posted in 2016

New Strategy and Directorate Change

7th November 2016



Goldcrest Resources plc is pleased to provide an update of current activity. The Company is currently investigating routes to development for its flagship Asheba project in Ghana. In addition the company is reviewing additional complimentary projects with the aim of becoming a diverse West Africa focused explorer. In line with its business strategy, the company is currently reviewing multiple projects and funding opportunities and looks forward to updating the market in due course.

The company announces that Ryan Long has tendered his resignation as Non-executive Director of the company with effect from 4 December 2016 due to his other business interests. The Company has started the process of appointing a replacement Non-executive director and will update the market in shortly.

Niall Tomlinson, Executive Director said: “I would very much like to thank Ryan for his contributions to the Company. Ryan joined the board of Goldcrest, consequent to its acquisition of Taoudeni Resources where he played a key role in the acquisition of the flagship Asheba project and has been a key supporter since. We thoroughly wish him the best of luck in this”.

The Directors of the Issuer accept responsibility for this announcement.

--ENDS--

ENQUIRIES:

Goldcrest Resources plc

Niall Tomlinson, Director

Tel: 020 3053 3631

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Cairn Financial Advisers LLP

Jo Turner/Liam Murray

Tel: 020 7148 7900