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Sheffield Resources - Appointment of CFO and company secretary

Appointment of CFO and company secretary

Tue, 16 Feb 2016

Sheffield Resources Limited (“Sheffield” “the Company”) (ASX:SFX) is pleased to announce that Mr Mark Di Silvio has been appointed to the roles of Chief Financial Officer (CFO) and Company Secretary.

Mr Di Silvio is a CPA and MBA qualified finance professional with over 25 years’ resources industry experience, including almost 10 years in senior executive roles. Mr Di Silvio’s professional career includes gold operations and development experience in the Kalgoorlie region, senior finance roles with Woodside Petroleum (ASX: WPL) in Australia and Africa prior to joining Centamin Plc (TSX, LSE listed) as CFO. His most recent position was CFO for Toronto listed Mawson West Limited.

Mr Di Silvio’s previous experience also includes positions as CFO and Company Secretary with Ausgold Limited (ASX: AUC) and Central Petroleum Limited (ASX: CTP).

Managing Director, Bruce McFadzean said “Mark is a CFO with significant experience in financial management, debt and offtake funding and product offtake agreements which is a key requirement for Sheffield as it advances the development of the world class Thunderbird mineral sands project.”

“This appointment brings additional strength and experience to Sheffield’s management team as we work towards achieving our key 2016 targets of funding and offtake and we welcome him to our team.”

Mr Di Silvio’s remuneration package includes certain equity components which are summarised in Annexure A.

Will Burbury has resigned as company secretary and remains in his role as Non-Executive Chairman of the Company.

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Sheffield Resources - Appointment of CFO and company secretary
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