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Waratah Resources Appoints Former Polo Resources Chairman As Director

Waratah Resources (ASX:WGO) has appointed former Polo Resources (AIM:POL) chairman and managing director Neil Herbert as a non-executive director.

AIM-listed Polo, a natural resources investment company, paid $185 million in special dividends to its shareholders during his time at the helm.

Prior to this, he was finance director of an investment company, Galahad Gold, from which he became finance director of its most successful investment, startā€up uranium company UraMin Inc. which was sold for US$2.5 billion in 2007.

Herbert has held board positions at a number of resource companies where he has been involved in managing numerous acquisitions, disposals, stock market listings and fundraisings.

"Neil Herbert brings significant skills and international experience to our board. I am looking forward to working with him as we develop strategies to enhance shareholder value," executive chairman Ben Kirkpatrick.

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