Baraka Energy & Resources appoints new director, Barry MacKinnon steps down

Baraka Energy & Resources (ASX: BKP, FWB: RBD) has announced the resignation of Barry MacKinnon from the board and the appointment of Dr Ray Chang as a director.

Since his election in May 2009, MacKinnon has played a key role in the revitalisation of the company through a capital raising that lead to the re-instatement of the company, listing on the ASX in July 2009.

Dr Chang brings over 39 years experience including time at the Atomic Energy Commission in Taiwan, University of Calgary in Canada, University of WA and Curtin University of Technology in Australia and Zhejiang University and Yantat Electronics (Shendzhen) Ltd Co in China.

The company intends for Dr Chang to be a director and manager of Baraka’s Chinese division, promoting Baraka throughout China and create sources of potential buyers of coal and other resources that Baraka is working towards supplying and to source potential investors into projects by way of forward purchases of commodities.

In addition to today's announcement, Collin Vost has accepted the position of chairman.

On November 22 Baraka and joint venture partner PetroFrontier Corp, (TSX-V:PFC) reported elevated hydrocarbon shows recorded from drilling the MacIntyre-2 well in the Southern Georgina Basin, Australia. The results bode well for the drilling program and further testing and results will be required.

Baraka has a free carried 25% Working Interest up to completion of a minimum of 500 metres of horizontal drilling into the Basel Arthur Creek Shale on either EP 127 or EP 128.

Originally published at: http://www.proactiveinvestors.com.au/companies/news/22524/baraka-energy-resources-appoints-new-director-barry-mackinnon-steps-down-22524.html