Edenville Energy Plc (AIM: EDL), the AIM quoted company operating the Rukwa Coal Project in southwest Tanzania, is pleased to announce the appointment of Mr Franco Caselli as a Non-executive Director of the Company with immediate effect.
Franco Caselli has a degree in Geology from Florence University, and he is also a geoscientist professionally chartered by the Swiss Association of Energy Geoscientists and a member of the International Geothermal Association.
Mr Caselli has more than 40 years of experience in the energy sector having previously worked with majors ENI, Fina, BP and Norsk Hydro and with US and UK independents OXY, Hunt Oil and Heritage, gaining considerable energy business experience in Southern Europe, Africa, Middle East, Far East and North Sea. Professional roles range from exploration leader to business developer and general manager.
He has worked across both the hydrocarbon and renewable sectors in geothermal and solar energy and is the director of geothermal exploration with new high temperature technologies for Geolog Green Energy. He previously worked for Enel Green Power in deep high enthalpy projects in Italy and Latin America. He founded Terracon Resources S.R.L. which was involved in energy and mining projects in South Europe and Africa and has also managed integrated energy projects with international institutions and governments.
Jeff Malaihollo, Non-executive Chairman of Edenville commented: “I am delighted to welcome Franco to the Board of Edenville. He brings with him a wealth of both operational and energy market experience, in many countries across the globe. We look forward to benefitting from his skills, advice and guidance, particularly as we review additional opportunities following our recapitalisation earlier this year.”
The following information is disclosed pursuant to Rule 17 and Schedule Two paragraph (g) (i)-(viii) of the AIM Rules for Companies in relation to Franco Caselli, aged 67:
Casfran Oil and Gas, Inc. (US)
Terracon Resources S.R.L. (Italy)
Directorships held over the past 5 years
Mr Caselli does not currently own any ordinary shares or hold any options over shares in the Company.
There is no further information to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information please contact:
Edenville Energy Plc
Jeff Malaihollo – Chairman
Alistair Muir – CEO
+44 (0) 20 3934 6630
Strand Hanson Limited
(Financial and Nominated Adviser)
+44 (0) 20 7409 3494
Brandon Hill Capital Ltd
Oliver Stansfield, Jonathan Evans
+44 20 7936 5200
IFC Advisory Limited
(Financial PR and IR)
+44 (0) 20 3934 6630