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Crusader MD and chair step down from board as Copulos returns

By:  
Creamer Media Senior Deputy Editor Online
 
GOLD
ASX- and Aim-listed Crusader Resources announced on Friday that MD Marcus Engelbrecht and chairperson Andrew Vickerman would step down from the board and that former chairperson Stephen Copulos would return as director. The resignation of Engelbrecht and Vickerman, who succeeded Copulos when the company listed in London in April last year, as directors is related to an agreement with the Copulos Group to underwrite $2.5-million of the recently announced $4.2-million rights issue to continue develop the Borborema gold project, in Brazil.
 
 
 
 
 

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