ASA Limited (NYSE: ASA), a closed-end fund specializing in gold and
other precious minerals investments worldwide, announced that, at
today’s Annual General Meeting of Shareholders, shareholders voted to
elect David J. Christensen, Phillip Goldstein, Andrew Pegge, Robert A.
Pilkington and Julian Reid as directors of the Company. Shareholders
also voted to ratify the appointment of Ernst & Young LLP to serve as
the Company’s independent auditors for the fiscal year ending November
30, 2009 and authorize the Company’s Audit Committee to set the
independent auditors remuneration.
At the Board of Directors meeting following the Annual General Meeting,
Julian Reid was elected as Chairman of the Board and Andrew Pegge was
elected as Deputy Chairman. The Board also elected David J. Christensen
as President and Chief Executive Officer and Lawrence G. Nardolillo as
Chief Financial Officer and Treasurer. Mr. Christensen, who joined the
Company in May 2007 as Vice President-Investments, will be directly
responsible for the management of the Company’s investment portfolio.
Mr. Nardolillo, a CPA, has provided administrative services to the
Company for over 20 years through LGN Group, LLC and its predecessors.
The Board expressed its gratitude to Robert J.A. Irwin who retired as
Chairman, President and Treasurer after 21 years of service to the
Company.
Additional information regarding the Company, including detailed
discussion of important tax information, may be found at www.asaltd.com.
ASA Limited
David J. Christensen
President
and Chief Executive Officer
800-432-3378 or 716-883-2428
or
Julian
Reid
Chairman
44-20-7233-1333
