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BUXTON RESOURCES LIMITED — Board/Management Information 2017
Mar 14, 2017
64585_rns_2017-03-14_fa4490ab-e898-4e25-a397-a27370bd3823.pdf
Board/Management Information
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15[th] March 2017
ASX Release
BUXTON RESOURCES APPOINTS NON-EXECUTIVE DIRECTOR
Enhances Nickel expertise of the Company
The directors of Buxton Resources Ltd (ASX: BUX) are pleased to announce the appointment of Mr Stuart Fogarty as an independent Non-Executive Director of the Company.
Stuart has over 20 years of exploration experience with BHP Billiton and Western Mining Corporation. Stuart was BHP’s Senior Exploration Manager for North and South America and currently serves as the Managing Director of Duketon Mining Limited.
Stuart has a very strong background in nickel exploration, having commenced his career at Kambalda Nickel Operations in 1994. He has held senior roles with BHP including Senior Geoscientist for nickel exploration in the Leinster and Mt Keith region, Project Manager WA Nickel Brownfields and Regional Manager Australia – Asia where he was responsible for a $100 million per annum exploration budget.
More recently Stuart was a Non-Executive Director of Windward Resources during the successful takeover of the company by Independence Group.
Buxton Resources Managing Director, Eamon Hannon, commented:
“We are delighted to have Stuart return to the board at this important time for Buxton. Clearly his nickel exploration experience will be most welcome as we enter an exciting exploration campaign at the Company’s flagship Double Magic Ni-Cu Project.”
Mr Fogarty will be paid $25,000 per annum as a Director's fee plus statutory superannuation as well as the issue of 800,000 Options at an exercise price of 35 cents and expiry date of 31 March 2020 subject to shareholder approval.
For further information please contact:
Eamon Hannon Managing Director [email protected]
Suite 1, First Floor Tel: 08-9380 6063 14-16 Rowland Street Fax: 08-9381 4056 Subiaco WA 6008
PO Box 9028 Subiaco WA 6008