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ADAVALE RESOURCES LIMITED — Board/Management Information 2021
Oct 4, 2021
64300_rns_2021-10-04_f44783d6-c84f-4c3d-8ff2-2d167af6d203.pdf
Board/Management Information
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4 October 2021
Appointment of CFO and Joint Company Secretary
Adavale Resources (ASX: ADD), (the “ Company ” or “ Adavale ”), is pleased to announce the appointment of Leonard Math as Chief Financial Officer and joint Company Secretary effective 1 October 2021. Leonard replaces Geoff Brayshaw as Chief Financial Officer who is retiring. Geoff and Leonard are working together to ensure a seamless transition. Geoff remains a top 20 shareholder of Adavale.
Adavale Chairman Grant Pierce commented: “In August 2020 when the new Board was appointed, Geoff kindly agreed to come out of retirement, for a period of time, to assist the Company reorganise, recapitalise and build solid foundations. Geoff has done a remarkable job in every aspect and on behalf of the Board, I wish him a wonderful second retirement.
I am very pleased to welcome Leonard to Adavale in the capacity of CFO and joint Company Secretary. Leonard comes to us well credentialed and in keeping with the existing Leadership Team, will be remunerated on an equity only basis.”
Leonard graduated with a Bachelor of Business (Double Major in Accounting & Information Systems) from Edith Cowan University in 2003 and became a Chartered Accountant in September 2008. He has held multiple Director, CFO and Company Secretary roles in the resource sector, most recently being with Okapi Resources Limited and AVZ Minerals Limited, the latter giving him exposure to working in Africa.
This announcement has been authorised for release by the Board of Adavale Resources Limited.
For further information please contact [email protected] or visit www.adavaleresources.com
About Adavale
Adavale Resources Limited (ASX: ADD) is a nickel sulphide exploration company that holds 100% of the Kabanga Jirani Nickel Project, a portfolio of seven highly prospective granted licences, covering over 1,145km[2] surrounding and proximal to the world class Kabanga Nickel Deposit (58Mt @ 2.62% Ni) and located along the Karagwe-Ankolean belt in Tanzania. Adavale’s licences were selected based on their strong geochemical and geophysical signatures from previous exploration undertaken by BHP Billiton.
Adavale also holds three exploration licences within part of the highly prospective sedimentary uranium province within the northern part of the Lake Frome Embayment in South Australia.
Sydney NSW 2000 1 Twitt Link +61 2 800 3 6733
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