Centurion Gold Holdings Names Andrew 'Dale' Paul as Chief Operating Officer; Paul Elected To Board Of Directors.Business Editors JOHANNESBURG, South Africa--(BUSINESS WIRE)--April 7, 2004 Centurion Gold Holdings, Inc., (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CGHI.OB), announced today that it has promoted Andrew "Dale" Paul to Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . He was also elected to the Company's Board of Directors. As Chief Operating Officer, Paul will be responsible for the implementation of management structures and controls for acquisitions to ensure their profitability. Paul joined Centurion Gold in 2003 as a consultant. He has been responsible for acquisitions and the Company's strategy of growth through acquisition. He will report to CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Arthur Johnson. CEO Arthur Johnson of Centurion Gold Holdings, said, "Centurion Gold Holdings will be considerably strengthened by the addition of Dale. In the past 10 months, his management talent and the implementation of controls as well as his understanding of small mining operations have proven invaluable to Centurion Gold Holdings. We are delighted to have him join the management team. We know that his experience working for global companies will add substantially to the Board's deliberations." A seasoned executive and entrepreneur, Paul worked for four years starting in 1985 at Sentrachem, a publicly-listed South African chemical manufacturing company, based in Canelands Natal. He was in technical sales responsible for exports into Africa. He also worked for the chemical giant, Imperial Chemical Industry (ICI (language) ICI - An extensible, interpretated language by Tim Long with syntax similar to C. ICI adds high-level garbage-collected associative data structures, exception handling, sets, regular expressions, and dynamic arrays. ) as Technical Sales Manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → from 1989 to 1992. His entrepreneurial experience began in 1992, when he started trading in agricultural and mining chemicals. In 2000, he began investing in mining assets. Paul was graduated from the University of Natal The University of Natal was a university in Natal, and later KwaZulu-Natal in South Africa. It was founded in 1910 as the Natal University College in Pietermaritzburg, and expanded to include a campus in Durban in 1931. in Pietermaritzburg, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , with a Bachelor's Degree in Agricultural Management. About Centurion Gold Holdings, Inc.: Centurion Gold Holdings, located in Johannesburg, South Africa, started three years ago to identify and acquire promising ore-bearing properties. In the past six months, it has acquired four properties: the Primrose primrose, common name for the genus Primula of the Primulaceae, a family of low perennial herbs with species found on all continents, most frequently in north temperate regions. Gold Mine; the Omaruru Gold Mine; the Sallies Mine and a chrome bearing operation. The Company is positioning itself to become a major producer in this market by acquiring mineral bearing properties and mineral rights. Forward Looking Statements: Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. The company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release, the Company will appropriately inform the public. |
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