Rox Resources announces changes in management and board

Rox Resources Limited (ASX:RXL) has announced significant changes in its management and board as part of its transition towards development at the Youanmi Gold Project in Western Australia. Mr Rob Ryan will step down as Managing Director and Chief Executive Officer of the Company, and Mr Phillip Wilding has been appointed as the new Chief Executive Officer, commencing 15 October 2024. Additionally, Mr Nathan Stoitis has been appointed as a Non-Executive Director effective 10 September 2024.

Executive commentary on the changes

Rox Resources Non-Executive Chairman, Stephen Dennis, expressed gratitude to Mr Rob Ryan for his contribution to the Company and welcomed Phillip Wilding as the new Chief Executive Officer. He also highlighted the appointment of Nathan Stoitis as a Non-Executive Director, emphasizing their extensive experience in mine development and operations, which will be invaluable as the Company drives towards the restart of production at the Youanmi Gold Project. Incoming Chief Executive Officer, Phillip Wilding, expressed excitement about joining the Rox team at this pivotal stage in the Project's development pathway and looks forward to driving the Project forward.

Summary of the announcement and outlook

Rox Resources Limited has undergone significant changes in its management and board, with the appointment of Phillip Wilding as the new Chief Executive Officer and Nathan Stoitis as a Non-Executive Director. The Company aims to leverage their extensive experience in mine development and operations to drive the restart of production at the Youanmi Gold Project. With the Youanmi Project representing a high-grade, high-margin gold mining operation, the Company is optimistic about the opportunities it presents. The appointment of experienced industry professionals reflects Rox Resources' commitment to advancing its projects and achieving its strategic goals.