Metals X Limited (Metals X or the Company) is pleased to advise the appointment of Mr Michael Spreadborough as Interim Chief Executive Officer. The appointment of Mr Spreadborough, who was previously Chief Operating Officer, follows the Company’s announcement on 3 December 2019 that Managing Director Mr Damien Marantelli had resigned as a director but would remain as CEO for a transition period. Mr Marantelli’s employment with the Company finished on 1 March 2020. Mr Spreadborough’s key focus will remain on the strategic review that Metals X has previously announced. Mr Spreadborough is a mining engineer with extensive experience in the development and operation of mineral resources projects spanning a range of commodities including copper, gold, uranium, lead, zinc and iron ore. Over the past 20 years Mr Spreadborough has held senior executive roles with a number of mining companies including Chief Executive Officer of Nusantara Resources Ltd, Chief Operating Officer of Sandfire Resources NL and Inova Resources Ltd (formerly Ivanhoe Aust), and Non-Executive Director of CleanTeQ Holdings Ltd. Mr Spreadbough holds a Bachelor of Mining Engineering from the University of Queensland and an MBA from Deakin University, as well as a WA First Class Mine Manager’s Certificate of Competency. A summary of material terms of Mr Spreadborough’s executive services agreement is set out in Annexure A
Mal
MLX Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)