AIM Exploration Inc. Announces the Appointment of Chief Advisor Mr. Dhanesh Ranjan

AIM Exploration Inc.

AIM Exploration Inc. (the “Company”) (OTC: AEXE) is pleased to announce the appointment of Mr. Dhanesh Ranjan as the Chief Advisor for AIM Exploration Inc., AIM Exploration SA (Peru) and AIM Exploration DMCC Dubai.

The Board of Directors is excited and fortunate to add such a valuable individual to the team. Mr. Ranjan will play a key role in AEXE’s future success.

Mr. Ranjan brings wide and varied experience and expertise to AEXE. Mr. Ranjan has over 36 years experience with SAIL (Steel Authority of India Limited), one of the largest state-owned steel-making companies in India and one of the top steel makers in the world. Commencing his distinguished career as a Management Trainee, Mr. Ranjan eventually rose to Executive Director status. Mr. Ranjan has always been on the cutting edge of policy making and strategizing in different areas and divisions within SAIL. 

As Executive Director of the Coal Import Group, Mr. Ranjan’s most recent position within SAIL, he was responsible for the annual import of 15 million tonnes of coal valued at US $2.5 billion. During his tenure as Executive Director, Mr. Ranjan implemented several cost-cutting and innovative initiatives. He introduced, for instance, the concept of landed cost parity for import coal among different geographical locations, which has now become an industry standard. 

Before becoming Executive Director of the Coal Import Group, Mr. Ranjan was Executive Director of SAIL’s Transport and Shipping Division. He was responsible for managing all aspects of SAIL’s imports and exports, ensuring the smooth flow of goods. In addition, Mr. Ranjan’s varied experience at SAIL includes a position within the ITD (International Trade Division) and Marketing and Sales.

Mr. Ranjan is a highly educated individual, holding a Diploma in Maritime Law together with his MA in Economics. His CV is as follows: Advanced Management Programme, Indian Institute of Management, Kolkata, 2008; Diploma in Maritime Law, Lloyd’s Maritime Academy, London, 2006; Marketing Management, Indian Institute of Management, Kolkata, 1978; MA in Economics, Ranchi University, Ranchi, 1977.

Bob Todhunter, President and CEO, stated, “AIM is extremely fortunate to have Mr. Ranjan on board. Through his expertise and his strong relationships within the industry, he will be instrumental in taking AIM to great heights.” 

Forward-Looking Statements 

Certain information set forth in this press release contains "forward-looking statements" and "forward-looking information" under applicable securities laws. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements, which include management's assessment of future plans and operations and are based on current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. Some of the forward-looking statements may be identified by words such as "estimates," "expects," "anticipates," "believes," "projects," "plans," "targets," and similar expressions. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause AIM's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements.

Twitter: or @aexeqb
AIM Exploration Inc.
J.R. (Bob) Todhunter"

Source: AIM Exploration Inc.


Categories: Energy, Mining, Publicly Traded

Tags: $AEXE, AIM Exploration, CFO, coal, Dubai, energy, Financial Officer, India Steel, mining, OTC, steel