"Gold Mountain moved to a 75% interest in the GMN-Mars Mines JV, Brazil"
"In the December Quarter, Gold Mountain acquired a 75% interest in five projects in Brazil from Mars Mines Ltd which have the potential to host lithium bearing pegmatites."
"... following review of its project and operational requirements as well as cost-saving measures, that the CEO position, held by Timothy Cameron, has been made redundant. Executive Director, David Evans, will now oversee day to day management of the Company.
Commenting on Tim’s departure, Executive Director David Evans stated:
'On behalf of the board, I would like to thank Tim for his services to the Company over the last few years. Tim stepped up to the role of CEO to fill a void in the management team, and he played a key role in transitioning the Company to a multi-project and multi-commodity exploration company. We wish him all the best in his future endeavors.'
This ASX announcement has been authorised by the Board of Gold Mountain Limited"
CGB Price at posting:
2.1¢ Sentiment: None Disclosure: Held