Clara Resources Australia (ASX:C7A) Board Changes Announcement

Clara Resources Australia Limited (ASX:C7A) has announced significant changes to its Board of Directors. The changes include the appointment of Non-Executive Director Mr Richard Willson as Independent, Non-Executive Chairman of the Board, the transition of Mr Brian Moller from Chairman to Non-Executive Director, the appointment of CEO Peter Westerhuis to the board as Managing Director, and the addition of Mr Alexander Fitzgerald as Non-Executive Director. These changes are effective immediately and are aimed at renewing and re-setting the Clara board to sharpen focus on unlocking shareholder value and accelerating the Pre-Feasibility phase of the Ashford Coking Coal Project.

Executive Commentary on Board Changes

The appointment of Mr Richard Willson as Independent, Non-Executive Chairman, and the transition of Mr Brian Moller to Non-Executive Director reflect Clara's commitment to enhancing its board leadership. Additionally, the appointment of CEO Peter Westerhuis to the board as Managing Director and the addition of Mr Alexander Fitzgerald as Non-Executive Director signify a strategic move to strengthen the board's expertise and drive the company's focus on unlocking shareholder value and advancing the Pre-Feasibility phase of the Ashford Coking Coal Project.

Summary of Clara Resources Australia Board Changes

Clara Resources Australia Limited (ASX:C7A) has undergone significant changes to its Board of Directors, including the appointment of Non-Executive Director Mr Richard Willson as Independent, Non-Executive Chairman, the transition of Mr Brian Moller to Non-Executive Director, the appointment of CEO Peter Westerhuis to the board as Managing Director, and the addition of Mr Alexander Fitzgerald as Non-Executive Director. These changes aim to renew and re-set the Clara board to sharpen focus on unlocking shareholder value and accelerating the Pre-Feasibility phase of the Ashford Coking Coal Project. The company's strategic move to strengthen the board's expertise reflects its commitment to enhancing leadership and driving value creation for its shareholders.