Perth, Australia--(Newsfile Corp. - June 24, 2024) - Golden Horse Minerals Limited (TSXV: GHML) ("Golden Horse" or the "Company") is pleased to announce the appointment of Nicholas Anderson ("Nick") as Managing Director and Chief Executive Officer. Nick's appointment as CEO has an effective date of June 1, 2024 and his appointment as a director commenced on June 20, 2024.
Nick is a finance executive and chemical engineer with extensive experience in the resources sector. He is an experienced director and leader, focussed on business growth and accretive M&A across the mining, infrastructure and renewables sectors, and has structured and funded complex transactions to multiple listed and private businesses.
Following Nick's appointment, Mr Graeme Sloan who is currently Interim CEO and Executive Chairman, will step away from his Interim CEO role however will continue as Chairman of the Company and Mr Jonathan Lea ("Jon") steps down as a non-executive Director, effective June 20, 2024.
Graeme Sloan, Golden Horse's Chairman said: "The restructuring of these key roles is critically important as we prepare Golden Horse for the next stage of this journey we put in place in early 2023. We are extremely pleased to have secured someone of Nick's broad expertise in capital markets and strong corporate and operating experience, especially around emerging resource companies, to lead the Company.
With Nick joining the Company's Board, Jon will move to the role as Principal Geologist, which will allow him to focus on growing the gold and lithium potential at our Southern Cross project. Jon's tenure on the Board although relatively short, was exceptional and on behalf of the Board and shareholders, I would like to thank Jon for his contribution."
The terms of Nick's engagement include a fixed component of AUD300,000 per annum (excluding superannuation), together with eligibility to participate in the Company's equity incentive plan.
For and on behalf of the Board
Graeme Sloan
Chairman
For more information contact:
Nicholas Anderson
Managing Director & CEO
E: nicholas.anderson@goldenhorseminerals.com.au
Josh Conner
Chief Operating Officer
E: josh.conner@goldenhorseminerals.com.au
Investors
Adam Davey
Canaccord Genuity Financial Limited
+61 8 9225 2811
Email: ADavey@cgf.com
Mason Brown
Email: mpbrown@cgf.com
+61 8 9225 2862
Media
David Tasker
Chapter One Advisors
Email: dtasker@chapteroneadvisors.com.au
+61 433 112 936
Disclaimer
This release may include forward-looking statements. Such forward-looking statements may include, among other things, statements regarding targets, estimates and assumptions in respect of metal production and prices, operating costs and results, capital expenditures, mineral reserves and mineral resources and anticipated grades and recovery rates, and are or may be based on assumptions and estimates related to future technical, economic, market, political, social and other conditions. These forward-looking statements are based on management's expectations and beliefs concerning future events. Forward-looking statements inherently involve subjective judgement and analysis and are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Golden Horse. Such forward-looking statements are based on numerous assumptions regarding the Golden Horse's present and future business strategies and the political and economic environment in which the Golden Horse will operate in the future, which are not guarantees or predictions of future performance. Actual results and developments may vary materially from those that may be contemplated or implied by forward-looking statements in this release.
Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. All information in respect of Exploration Results and other technical information should be read in conjunction with Competent Person Statements in this release (where applicable). To the maximum extent permitted by law, Golden Horse and any of its related bodies corporate and affiliates and their officers, employees, agents, associates and advisers:
- disclaim any obligations or undertaking to release any updates or revisions to the information in this release to reflect any events, circumstances or change in expectations or assumptions after the date of this release;
- do not make any representation or warranty, express or implied, as to the accuracy, reliability or completeness of the information in this release, or likelihood of fulfilment of any forward-looking statement or any event or results expressed or implied in any forward-looking statement; and
- disclaim all responsibility and liability for these forward-looking statements (including, without limitation, liability for negligence).
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/214257
SOURCE: Golden Horse Minerals Limited
