Tellus Appoints Company Secretary and CFO

Media Release

Key points:

  • Tellus appoints Anne Adaley as new Company Secretary and Chief Financial Officer
  • Brett Boynton continues to lead the Corporate Finance and M&A efforts

Tellus Holdings (“Tellus” or the “Company”) is pleased to announce the appointment of Mrs Anne Adaley as Company Secretary and Chief Financial Officer with effect from 7 March 2013.

Anne has almost 30 years’ experience as an accountant providing corporate services to companies in the Australian resources sector. She has spent more than a decade as Company Secretary for several ASX listed public companies and has extensive experience in accounting, financial and related services.

Anne recently managed successful capital raisings for a number of public and private companies including pre-Initial Public Offering (IPO) entities and brings this critical governance and reporting oversight to the Tellus team. In addition she has set up and managed investor relations programs for a number of clients.

“This will be an increasingly important role for Tellus as our project and corporate development continues to move forward at a rapid pace,” said Tellus Managing Director Duncan van der Merwe. “Keeping all investors informed and reporting to listed company standards will be critical.”

Commenting on her appointment, Anne said: “I am delighted to be joining the high-calibre Tellus team, particularly at a time when Tellus has just converted to a public company as part of its evolution. “Tellus has an exciting future ahead of it and I welcome the opportunity to be part of it and to contribute to its future growth and success,” she said.

Tellus Group Director, Brett Boynton will continue to lead the Corporate Finance and Merger and Acquisition (M&A) efforts for the group. Tellus’ business profile has grown domestically with the addition of new projects to the portfolio and internationally with the success of the business development marketing team in Asia. So Brett will hand over financial control and reporting to Anne in order to focus on corporate development opportunities for the group.

Commenting on Anne’s appointment, Brett said: “The business has grown quickly over the past year. We now need a dedicated financial management and corporate governance specialist in place to ensure we are making critical decisions for the group with the best business information possible. This will allow the Board, CEO and myself more time to ensure continued project level and corporate development.

Kevin Griffin steps down as Company Secretary and Senior Finance Manager with effect from 7 March 2013. The Board thanks Kevin for his valued contribution to date.

About Tellus Holdings

Tellus Holdings Ltd (“Tellus”) is an Australian exploration company with an attractive portfolio of rock salt deposits. Tellus is planning an underground rock salt mine in the Northern Territory. Tellus is the parent of a group of companies that plans to be involved in mine building, processing and sale of industrial and edible salts, fertilisers. Potential complementary businesses include storage in voids created by mining.

For further information on Tellus:

Visit: www.tellusholdings.com.au

Duncan van der Merwe, Managing Director Tel: +61 (0)2 9241-7678
Jane Munday, Michels Warren Munday on Mob: +61 (0)427 880 083

dorrie krahe
dorrie krahe