IGE Resources AB (publ) announced that the company has appointed Torbjörn Ranta as the new CEO of IGE Resources AB and its subsidiary Nickel Mountain Resources AB (publ) as of January 1, 2014. Mr. Ranta has over 15 years of business experience from the natural resources sector and has served as CEO for several companies, including Vostok Nafta (equity investments in the oil & gas sector), Vostok Oil (oil production) and Central Asia Gold (gold production). Torbjörn Ranta will replace Björn Rohdin, who has been Acting CEO and member of the board since the Annual General Meeting held on August 2, 2013.

Björn has worked with the board to restructure the group and secure financing. Björn Rohdin will continue to stay on as a member of the board. Torbjörn Ranta will be assisted by an experienced project team, headed by Rolf Ritzén as Project Manager.