ROSE.L Regulatory News (ROSE)

4 Oct 2007 07:01

Vane Minerals PLC04 October 2007 4th October 2007 VANE Minerals Plc (AIM:VML) ('VANE' or the 'Company') Non-Executive Director Resignation VANE announces that it has today accepted the resignation of its Non-ExecutiveChairman, Michael Spriggs, who leaves the board with immediate effect. Michaelis leaving the Company for personal reasons and intends now to spend more timewith his family in France. VANE is actively seeking a replacement who will fit well with its expansion intothe North American markets and believes this gives the Company an opportunity tostrengthen the board with this in mind. Matthew Idiens, Director of Corporate Development, commented "The board wouldlike to thank Michael for his contribution to VANE since its listing in June2004, where he has helped to successfully guide the Company to the stage whereits strategic goals are now taking it into a number of different areas. Michaelbelieves that the board has the skills to embrace these new challenges,particularly with key developments in North America." Enquiries: VANE Minerals Plc Westwind Partners Ambrian Partners Limited Parkgreen CommunicationsMatthew Idiens Paul Newman Richard Brown Laura Llewelyn / Beth Harris+44 (0) 20 7667 6322 +44 (0) 20 7290 9713 +44 (0) 20 7776 6417 +44 (0) 20 7851 7480 For further information, please review: www.vaneminerals.com. About VANE Minerals: VANE Minerals was founded by the former international exploration team ofFreeport McMoRan Copper & Gold Inc., one of the world's largest producers ofcopper and gold. The Company has assembled a highly qualified and experiencedmanagement team with a proven track record in exploration and development, whohave spent their entire careers searching for and defining large scale mineraldeposits. The Company is using the silver/gold production at the Diablito mine in Mexicoto help fund exploration work across its attractive portfolio. Since December 2004, VANE has built up a substantial uranium portfolio ofproperties in the Colorado Plateau region, initially targeting the Arizona stripwhich holds the highest grade deposits in the US, contained in breccia pipes. This information is provided by RNS The company news service from the London Stock Exchange