New Appointment and Board Changes at Commoditrade Inc.

From: Corvus Capital Inc
Published: Mon Nov 20 2006

Commoditrade Inc ("Commoditrade" or "the Company", AIM: CMM), the international commodities investment business with offices in Geneva and Dubai, is pleased to announce the appointment of Andrew Dobie as Non-Executive Director. In addition, Graham Butt, Executive Chairman, becomes Chief Executive and Chris Adams, Non-Executive Director, is appointed Non-Executive Chairman.

Andrew Paul Dobie (age 42) has been appointed to the Board of Commoditrade as Non-Executive Director. He has worked in the commodities industry for 18 years and joined the LME in 1998 firstly as Assistant Manager in the LME’s Market Operations taking over as Manager of LME’s trade floor in 2001 where he managed a team of 11 in the LME’s Market Operations and a further 150 brokers representing 11 Category 1 members on the trade floor. Andrew had previously operated as a trader on the London Metal Exchange ( ) since 1995. There are no other matters to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules.

Graham Butt, Chief Executive of Commoditrade Inc ( ), commenting on the changes, said:

"Commoditrade was established as an investment business with the primary objective of building a group specialising in the commodities sector. We have already made significant progress to date and these changes reflect the continued growth in the business."

Geneva-based investment group Corvus Capital Inc, Andrew Regan’s international investment company, holds 21 per cent of the issued share capital in Commoditrade Inc.
Company: Corvus Capital Inc
Contact Name: John Bick
Contact Email:
Contact Phone: +44 (0)7917 649 362

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