Company announcements

Appointment of Directors

28 January 2011

Appointment of Directors

The Board of Firestone Energy Limited (ASX/JSE: FSE) wish to announce the appointment of two new South African based Non Executive Directors to the Company, effective immediately.

Mr Matsidiso Peter Tshisevhe and Dr Pius Chilufya Kasolo were nominated to the Board of Firestone Energy Limited as representatives of Firestone’s largest shareholder Sekoko Resources.

Both gentlemen have had distinguished careers in their respective fields of law and geology and come to Firestone very highly recommended.

Mr Peter Tshisevhe is a lawyer by profession and has extensive experience in the fields of mergers and acquisitions, tax and corporate restructuring. Peter has advised on numerous large transactions including advising the South African Government on the disposal of their stake in a telephone utility.

Dr Pius Kasolo is a highly credentialed geologist and has extensive experience in the evaluation and management of mining projects, the formulation of company strategy, resource optimisation and business process analysis. Dr Kasolo sits on several boards in South Africa and has published many papers in his field of geology.

The Board of Firestone welcomes these gentlemen to the Company and looks forward to working closely with them in achieving the Company’s vision of being a coal producer in the Waterberg region of South Africa.

Further information can be obtained by contacting the persons below on
+61 (08) 9287-4600.

John Dreyer

Jerry Monzu
Company Secretary


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