DCX also welcomes the commitment received from one of Western Australia’s newest, large gold mine developers, Capricorn Metals Ltd (ASX:CMM, Capricorn, CMM) to become a substantial shareholder in DCX (approx. 12%) by participating in the share placement. The Company is also delighted that the CMM Chief Executive Officer, Kim Massey, has accepted an invitation to join the DCX Board as a Non‐Executive Director following completion of the Transaction. In addition, the Company will welcome Mr Heath Hellewell to the Board as Non‐Executive Chairman (subject to completion of the Transaction), when Mr Peter Langworthy steps down from the Board of the Company.
CMM Price at posting:
$1.64 Sentiment: Buy Disclosure: Held
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