10th Oct 2019 12:22
(Alliance News) - Trident Resources PLC on Thursday announced the appointment of mining-focused private equity investor Adam Davidson as chief executive, effective immediately.
Davidson, who has worked in natural resources for over a decade, has most recently been part of the investment team at Resource Capital Funds, a mining-focused private equity firm.
Prior to that, he worked in mining and metals equity research at BMO Capital Markets.
Following Davidson's appointment, Carmichael Olowoyo will step down from Trident's board.
Trident Non-Executive Chair James Kelly said: "I am delighted to welcome Adam to the management team and look forward to working with him as we execute on our strategy. To be able to attract someone of Adam's calibre is testament to the strength of the opportunity that Trident represents.
"I would like to express my gratitude to Carmichael for his service to the company, particularly for his assistance in the establishment of the company its successful capital raising and admission to trading on the main board of the London Stock Exchange."
Trident was formed in 2018 to look for mining assets in either the advanced exploration, pre-production, or production stage, and joined the LSE in October that year.
Shares were untraded on Thursday in London, last quoted at 16.00 pence each.
By George Collard; [email protected]
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