Surely now there will be more news to follow very soon and perhaps a few surprises. A name change and a new project would hurt for starters.
Level 2, 45 Richardson Street, West Perth WA 6005 PO Box 568 West Perth WA 6872 t: 61 8 9481 2433 f: 61 8 9322 5907 www.halcyongroup.com.au NEW MD TO LEAD HALCYON REVIVAL ASX Announcement & Media Release 12 July 2007 Halcyon Group Limited has launched a revival strategy with the appointment of experienced operations manager Iggy Tan as the Company’s Managing Director. Chairman of the Perth-based junior explorer, Craig Readhead says Mr Tan will implement major changes to the Company’s direction. “The recruitment is a key step in the Company’s plan to take a more direct role in nickel exploration and production” he said “He will be a great asset for Halcyon - a proven performer with marketing and business development experience who will give us leadership as we aim to move from exploration to mining and production”, said Mr Readhead. Mr Tan has worked with SCM Chemicals, Sons of Gwalia, Westlime, Iluka Resources, Imdex Minerals and Metals X. His responsibilities have included the commissioning and operations management of several significant mining and processing projects in Western Australia. His latest role was Executive General Manager of Metals X Limited, a Tin and Nickel mining and exploration company. He was General Manager Operations for Iluka Resources’ most productive mineral sands operations at Eneabba, and Geraldton from 2000`to 2004 During his time at Iluka, he won the Prime Minister’s Community and Business Partnership award for industry commitment to local communities in WA. Mr Tan is a former Chairman of the Western Australian Chamber of Minerals and Energy’s Murchison Regional Council. Mr Readhead said the Company will look to develop an exciting growth strategy based around nickel exploration and production. Current Managing Director Andrew Radonjic, will hand over the reins of the company this week and remain on the Halcyon Board as Non Executive Director. Mr Radonjic was instrumental in building the mineral exploration assets of the junior exploration company based on his extensive knowledge of the geology and prospectivity of the regions targeted by Halcyon. This work combined with the Company’s exploration database formed the basis of the Company’s Bardoc, Lake Marmion and Mount Pleasant projects. Mr Readhead said that Mr Radonjic’s commitment and dedication to Halcyon’s establishment had provided an excellent platform for development. About Halcyon Halcyon Group Limited is a Perth-based mineral exploration company, listed on the Australian Stock Exchange (ASX), exchange code HCY. The Company’s primary focus is on exploring, realising and expanding the economic potential of the Eastern Goldfields Bardoc, Lake Marmion and Mount Pleasant projects in Western Australia. The Company is focused on exploration of Gold, Base Metal, Uranium and Nickel. Members of the Halcyon Board and management team have proven records in mineral exploration, project development and project financing. For further information please contact Iggy Tan – Managing Director/CEO John Nayton – External Affairs +61 8 9481 2433 0422 414 983 email: [email protected] email: [email protected]
HCY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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