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2,402.80
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2,402.80
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104.4
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Forrestania Resources (ASX: $FRS) announces board and management changes

Overview of Forrestania Resources board and management changes


Forrestania Resources Ltd (ASX: $FRS) has announced the immediate resignation of Managing Director and CEO Dr Michael Anderson. The company's Chairman, Mr John Hannaford, will serve as the interim CEO until a suitable replacement is found. Additionally, experienced corporate executive Scott Patrizi has been appointed as a Non-Executive Director. The changes aim to facilitate a smooth transition and bring valuable expertise to the company's leadership.

Chairman John Hannaford's remarks on the board changes


The Board expresses gratitude to Dr Anderson for his contributions and dedication to the Company. Dr Anderson's efforts in elevating the Company's profile and overseeing significant drilling campaigns at the flagship Forrestania Lithium Project have set the stage for potential new lithium discoveries. The focus now shifts to the emerging Eastern Goldfields lithium and copper project, where exploration activities are ongoing, and upcoming drilling is planned. The appointment of Scott Patrizi, with his extensive corporate and project acquisition experience, is expected to bring added value to the Company's strategic direction.

Summary of Forrestania Resources board and management changes


Forrestania Resources (ASX: $FRS) has announced the immediate resignation of Managing Director and CEO Dr Michael Anderson, with Chairman John Hannaford stepping in as interim CEO. The Company also welcomed Scott Patrizi as a Non-Executive Director, aiming to leverage his expertise in equity capital markets and project acquisition. The Board acknowledges Dr Anderson's efforts in advancing the Forrestania Lithium Project and looks forward to exploring new opportunities in the Eastern Goldfields project. The changes reflect the Company's commitment to enhancing its leadership team and pursuing strategic exploration initiatives.

Sourcehttps://announcements.asx.com.au/asxpdf/20231123/pdf/05xpj88zk0nvl3.pdf

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