Shanta CFO resigns

14th October 2015 By: Megan van Wyngaardt - Creamer Media Contributing Editor Online

JOHANNESBURG (miningweekly.com) – Shanta Gold CFO and executive director Patrick Maseva Shayawabaya has resigned to pursue other opportunities in Zimbabwe, effective October 31.

Eric Zurrin would step in as interim CFO. He holds a Bachelor of Commerce (Accounting) degree and has 12 years' experience in mining and investment banking, having previously worked at UBS Investment Bank in the UK.

He rejoined Shanta after having spent much of 2013 in Tanzania as a commercial analyst advising Shanta's former CEO Mike Houston and was currently a principal of Sandown Bay Resource Capital and a director of TSX-listed Kincora Copper.

“Shayawabaya leaves Shanta in a healthy financial position and was pivotal in arranging the $40-million refinancing with Investec earlier this year. We wish him every success for the future,” CEO Toby Bradbury said.