7. Management and Governance Following completion of the Merger, the Merged Group will benefit from the expertise and experience of a board of directors comprising:
(a) Mark Turner, currently Independent Non-Executive Director of Tawana, who will become the Independent Non-Executive Chairman of the Merged Group;
(b) Mark Calderwood, currently Managing Director of Tawana, who will become the Managing Director of the Merged Group;
(c) Robert Vassie, currently Independent Non-Executive Director of Tawana, who will become an Independent Non-Executive Director of the Merged Group;
(d) Vicki Xie, currently Non-Executive Director of Tawana and a nominee of Weier, who will become a Non-Executive Director of the Merged Group;
(e) a nominee of Burwill (in consultation with Alliance), as a Non-Executive Director of the Merged Group; and
(f) Joshua Ong, currently Independent Non-Executive Director of Alliance, who will continue in office as an Independent Non-Executive Director of the Merged Group. In consultation with Tawana, the Merged Group Board will also be further strengthened with an independent director to be nominated by Alliance with significant mining experience who is a resident of Singapore.
GREAT NEWS!
TAW Price at posting:
45.5¢ Sentiment: Buy Disclosure: Held
