Walkabout Resources bolsters board to help deliver development, production and growth
Experienced mining executives Phil Montgomery and Peter Finnimore have been appointed non-executive directors, effective immediately, with the new board structure comprising three independent non-executive directors. The company is also improving corporate governance by separating the role of chairman and CEO.
Walkabout Resources Ltd (ASX:WKT) (FRA:N6D) has appointed two new non-executive directors to its board reflecting the completion of debt and companion equity funding for the construction of the Lindi Jumbo Graphite Mine in Tanzania.
The company believes the appointment of Phil Montgomery and Peter Finnimore as non-executive directors is pivotal to the execution of the next phase of its development, bolstering the depth and breadth of skills.
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The company has a historic ‘high-grade’ copper mine which was abandoned >100 years ago.
Drilling is planned to test two large geophysical targets underneath the historic mine may be mineralised porphyry structures.
Walkabout Resources Ltd moves closer to Lindi Jumbo construction on securing US$20 million finance facility proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.