14th Mar 2014 08:57
LONDON (Alliance News) - Aminex PLC Friday said it has appointed Chief Executive Jay Bhattacherjee, Chief Operating Officer Philip Thompson, and Chief Financial Officer Max Williams to its board, while Brian Hall has stepped down as acting chairman and will remain as chairman for "as long as required."
In a statement, the company said Exploration Director Mike Rego is stepping down from the board and leaving the company to pursue other opportunities.
"Jay Bhattacherjee and Philip Thompson have been working with the company as consultants for several months and we are pleased to cement the relationship through their appointments to the board," Hall said in a statement. "They have each acquired substantial holdings in the company through vending their own company into Aminex for shares and following this up with material cash contributions in the recent successful placing."
The new and existing board members will now jointly own approximately one eighth of the enlarged company's issued share capital, Hall said.
By Steve McGrath; [email protected]; @SteveMcGrath1
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