Central Australian Phosphate Limited (ASX:CEN) ("CEN") announces that it has appointed Mr David Muller as Chief Executive Officer of the company.
Mr Muller is currently Managing Director of Rum Jungle Resources Limited (ASX:RUM) ("RUM") and his appointment as CEO is pursuant to the Services Agreement entered into between CEN and RUM (ASX announcement 19 September 2013).
The appointment of Mr Muller will facilitate the streamlined management of the Barrow Creek and Arganara Phosphate projects into a single, globally significant Phosphate project.
As at close of business yesterday, RUM have announced they have received acceptances pursuant to their takeover bid totalling 82.151% of CEN's issued capital.
About Rum Jungle Resources Limited:
Rum Jungle Resources (ASX:RUM) is an Australian Securities Exchange listed, diversified junior explorer focused on highly prospective land located in Australia’s Northern Territory and Queensland.
A Northern Territory and Queensland focussed mineral explorer with a portfolio including: Uranium, Potash, Phosphate and Base Metals.
Rum Jungle Resources has strategic alliances with other major Northern Territory explorers increases exposure to additional exploration areas.
Rum Jungle Resources has experienced geological management backed up by a solid financial base to fund exploration budgets.
Rum Jungle Resources Limited T: +61-8-8942-0385 F: +61-8-8942-0318 WWW: www.rumjungleresources.com.au
Rum Jungle Resources Limited
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