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Galileo Resources announces appointment of Joel Silberstein as its finance director with immediate effect

Colin Bird, the chairman of Galileo commented: "We welcome Joel to the board and are sure that his previous and ongoing experience in the small-cap resource sector will assist us greatly in our ongoing mission"

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Silberstein joined AIM-traded Xtract Resources PLC in mid-2013 and was appointed its finance director in February 2014

Galileo Resources PLC (LON:GLR) has announced the appointment of Joel Silberstein, formerly with Xtract Resources PLC, as its finance director with immediate effect.

The group noted that Silberstein joined AIM-traded Xtract in mid-2013 and was appointed its finance director in February 2014. He subsequently assisted in several corporate transactions, including those surrounding the Manica gold mining operations, and has experience of working in multiple jurisdictions around the world, it added.

READ: Galileo Resources updates on project progress

In a statement, Colin Bird, the chairman of Galileo commented: "We welcome Joel to the board and are sure that his previous and ongoing experience in the small-cap resource sector will assist us greatly in our ongoing mission."

Silberstein qualified as a chartered accountant with Mazars, Cape Town in 2002, and subsequently joined Toronto-quoted European Goldfields Limited. There he held the position of Group Financial Controller and Vice President Finance, supporting the executive team in growing the company through its exploration and development phases, until it was bought by Eldorado Gold in a C$2.5bn deal. 

He is a member of the Institute of Chartered Accountants of South Africa as well a Fellow of the Institute of Chartered Accountants in England and Wales, Galileo noted.

Quick facts: Galileo Resources PLC

Price: 2.14 GBX

AIM:GLR
Market: AIM
Market Cap: £18.05 m
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