MVA Minerva Res

 
TIDMMVA 
 
Minerva Resources plc (AIM : MVA) 
               ("Minerva Resources" or "the Company") 
 
 
Change of Board 
 
Further to  the announcement  by  Dwyka Resources  Limited  ("Dwyka") 
stating  that  the   recommended  offer  for   the  Company  is   now 
unconditional in all respects, the entire board of Minerva  Resources 
(Andrew Daley, Terrance  Ward, John Bottomley  and Roger Clegg)  have 
now resigned and have been replaced by existing directors of Dwyka. 
 
Melissa Sturgess has been appointed as CEO and Chairman. 
 
Melissa has 15  years experience  in the junior  resources sector  in 
various corporate development roles.  She was a founding director  of 
Churchill Mining Plc and Sylvania Resources Limited and is  currently 
Chairman and CEO of Dwyka. 
 
Terence (Terry)  McConnachie has  been appointed  as a  Non-executive 
Director 
 
Terry has  25  years'  experience  in  mining  and  beneficiation  of 
ferro-alloys and precious metals.   He has served  as CEO of  Welprop 
Mining Services and more recently of JSE-listed South African  Chrome 
& Alloys  Limited,  a black-empowered  mining  company which  he  was 
instrumental in building into a multi-million Rand operation.  He has 
implemented a number  of greenfields operations  in gold,  manganese, 
aluminium, graphite and tantalite.  He  is the major shareholder  and 
CEO of Alumicor  (Pty) Limited,  which is  constructing an  aluminium 
dross  and  scrap  smelting  facility  in  South  Africa.   Terry  is 
currently the Managing Director of Sylvania Resources Limited (listed 
on AIM and ASX). 
 
Dr Evan Kirby has been appointed as a Non-executive Director 
 
Dr Evan Kirby is a metallurgist  with over 30 years of  international 
involvement. At the end of 1975, he moved to South Africa and  worked 
for Impala Platinum, Rand Mines  and then Rustenburg Platinum  Mines. 
In 1992, he moved to Australia to work for Minproc Engineers and then 
Bechtel Corporation from 1997 until  2002. After leaving Bechtel,  he 
established his own  consulting company  and has  had ongoing  mining 
project involvement. Evan's personal "hands on" experience covers the 
financial, technical, engineering and environmental issues associated 
with a wide range of mining and processing projects. 
 
Cancellation of AIM Listing 
 
As Dwyka has received valid acceptances of the offer in respect of 
more than 75 per cent. of the voting rights attached to the Minerva 
Resources shares, Dwyka is taking steps to procure the cancellation 
of Minerva Resources' admission to trading on AIM. It is anticipated 
that cancellation of trading will take effect at 7.00am on 23 July 
2009. The cancellation of the trading of Minerva Resources' shares 
will significantly reduce the liquidity and marketability of any 
Minerva Resources shares not assented to the offer as there will be 
no market facility for dealing in the Company's shares post 
cancellation.. 
 
 
Melissa Sturgess, CEO, commented  "I encourage all remaining  Minerva 
Resources shareholders to accept the offer made by Dwyka so that they 
have an opportunity  to continue  to trade  their shares  on the  AIM 
platform." 
 
 
 
For further information please contact: 
 
Melissa Sturgess, CEO and Chairman 
Minerva Resources plc 
Tel: +44 (0)78 2555 1397 
www.minervaresources.com 
 
 
James Joyce/ Sarang Shah 
W. H. Ireland 
Tel: +44 (0)20 72201666 
E-mail: james.joyce@wh-ireland.co.uk 
 
 
Nick Rome 
Bishopsgate Communications Ltd 
Tel: +44 (0)20 75623350 
E-mail: nick@bishopsgatecommunications.com 
 
 
 
Melissa Josephine Sturgess - Age 42 
 
Current Directorships 
 
Dwyka Resources Limited 
Washington Resources Limited 
 
Past Directorships held within last five years 
 
Bezant Resources Plc 
Churchill Mining Plc 
KimCor Diamonds plc 
Sylvania Resources Limited 
Vail Capital Pty Ltd 
 
 
Evan Kirby - Age 58 
 
Current Directorships 
 
Bezant Resources Plc, 
China Goldmines Plc 
Dwyka Resources Limited 
Global Resources Ventures Limited 
Great Australian Resources Limited. 
Metallurgical Management Services Pty Ltd 
 
Past Directorships held within last five years 
 
Sylvania Resources Limited 
Washington Resources Limited 
Wedgetail Exploration Limited 
 
 
Terence Michael McConnachie - Age 53 
 
Current Directorships 
 
Danyland Mining SA 
Dwyka Resources Limited 
Dwyka Resources SA 
Great Australian Resources South Africa 
Hacra Mining and Exploration Company 
Kyan Assets Mining Corporation SA 
Ruukki Group Oyj 
Summer Sun Trading 210 
Sylvania Mining 
Sylvania Resources Limited 
Sylvania South Africa 
 
Past Directorships held within last five years 
 
Alumicor Intellectual Property 
Alumicor Maritzburg 
Alumicor SA Holdings 
Merafe Chrome and Alloys 
Merafe Ferrochrome and Alloys 
Merafe Resources 
Nduzi Real Estate Projects 
Sylvania Metals 
Sylvania Minerals 
 
 
No further information is required to be disclosed in accordance with 
Schedule 2(g) of the AIM Rules for Companies. 
 
=--END OF MESSAGE--- 
 
 
 
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement. 
 

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