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Buffalo Coal’s (TSXV:BUF) Chief Financial Officer resigns

Mining
TSXV:BUF
22 August 2022 14:30 (EDT)

Buffalo Coal (BUF) Willie Bezuidenhout is resigning as the company’s Chief Financial Officer, effective September 18, 2022.

The board has begun the process of appointing a successor.

Emma Oosthuizen has been appointed as interim CFO until a permanent replacement is found.

Emma fulfilled the role of CFO at Buffalo Coal before taking the role as CEO.

Buffalo holds a majority interest in two operating mines through its 100 per cent interest in Buffalo Coal Dundee Proprietary Limited, a South African company with a 70 per cent interest in Zinoju Coal Proprietary Limited. 

Zinoju holds a 100 per cent interest in the Magdalena bituminous mine, the Aviemore East anthracite mine and the Balgray and North Adit anthracite projects in South Africa.

Buffalo Coal (BUF) is trading at C$0.02 at 4 pm EST as of August 19.


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