MMX murchison metals ltd
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News: Murchison board reshuffle

  1. FNN News
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    02/03/12
    08:01
    Post #: 9781201
    .


    Murchison Metals Limited (ASX:MMX) has announced significant changes to the board following the Mitsubishi transaction.



    The company finalised the sale of its assets last month for $325 million.



    Ian Burvill and SC Shin will replace five non-executive directors. Murchison Metals chairman Ken Scott-Mackenzie says the departing directors were instrumental in the transaction.



    In the 2011 financial year Murchison booked a net loss of $16.5 million.


    MMX Price at posting: 48.5¢ Sentiment: None Disclosure: Held
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