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## Directors’ Report 

Mr Bohm serves on the Company’s remuneration committee. During the past three years he has also served as a director of the following listed companies: 

Other current directorships 

Herencia Resources plc. appointed 14 June 2006 

## Colin John Carson CPA FCIS 

## Executive director 

## (Appointed 24/10/2003) 

Mr Colin Carson has served as a director and company secretary of a number of Australian public companies since the early 1980s. As executive director of Perseus, Mr Carson is responsible for the Company’s joint venture negotiations, corporate and legal matters. During the past three years he has also served as a director of the following listed companies: 

Other current directorships 

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## Neil Christian Fearis LL.B. (Hons) FAICD F FIN 

## Non-executive director 

## (Appointed 26/05/2004) 

Mr Neil Fearis has over 30 years of experience as a commercial lawyer in the UK and Australia. He practices principally in the area of mergers and acquisitions, takeovers, public floats, and other forms of capital raising and is a member of several professional bodies associated with commerce and the law. 

Mr Fearis serves as Chairman of the Company’s audit committee and a member of the remuneration committee. During the past three years he has also served as a director of the following listed companies: 

## Other current directorships 

Carnarvon Petroleum Limited appointed 30 November 1999 

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## Former directorships in the last 3 years 

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## Terence Sean Harvey BA MA LL.B MBA 

## Non-executive director 

## (Appointed 02/09/2009) 

Mr Sean Harvey has extensive experience in investment banking and the resources sector and brings valuable experience in capital markets to the board to assist the Company as it seeks to broaden global market awareness of its growth into a West African gold producer. Mr Harvey holds an Honours BA degree in Economics and Geography and an MA in Economics, both from Carleton University; an LLB from the University of Western Ontario; and an MBA from the University of Toronto and is a member of the Law Society of Upper Canada. 

Mr Harvey serves on the Company’s audit committee. During the past three years he has also served as a director of the following listed companies: 

## Other current directorships 

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## Former directorships in the last 3 years 

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## Susmit Mohanlal Shah BSc Econ CA 

## (Appointed 24/10/2003) 

Mr Susmit Shah is a chartered accountant with over 25 years of experience. Over the last 17 years, Mr Shah has been involved with a diverse range of Australian public listed companies as a director or in company secretarial and financial roles. 

