In pursuing a new business undertaking, the Company will focus it efforts on business development opportunities in the Mineral Resources sector.
As previously announced to the market, experienced Mining Company Executive Paul Kopejtka has joined the board as an Independent Non – Executive Director.
Joseph van den Elsen, previously a Non – Executive Director and the Company’s 3rd largest shareholder, assumed the position of Chairman on March 23.
In the interests of preserving the company’s financial resources and maximising its capacity to acquire a new undertaking, the Company has decided to revise the Non – Executive Director and Chairman Remuneration Policy.
The Company has appointed Mr Justin Mouchacca as Company Secretary, replacing Mr Lee Mitchell.
MHM Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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