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FORTUNA METALS LTD — Board/Management Information 2018
Jul 4, 2018
64952_rns_2018-07-04_fcf8c313-9d39-4acb-9b52-ac440baf6967.pdf
Board/Management Information
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ADDRESS PHONE EMAIL Unit 5, Ground Floor +61 (8) 9486 4036 [email protected] 1 Centro Ave, Subiaco ABN WEBSITE WA, 6008 Australia 96 095 684 389 www.frontierresources.com.au
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ASX: FNT
Market Announcements Platform
5 July 2018
Appointment of Executive Director
Frontier Resources Limited ( Frontier ) is pleased to announce that Fenix Dong has been appointed as Executive Director of the Company. Mr Dong will be responsible for the day-to-day operations and oversight of the Company. The material terms of his appointment are attached as an Appendix to this release.
For the biographies of the current directors and additional information relating to Frontier, please visit the website at www.frontierresources.com.au.
FRONTIER RESOURCES LTD
Paige McNeil, B.Ed,GradDipEd(Trng&Dev),GradDipACG,FGIA,GAICD,FAIM Non-Executive Chairman
BACKGROUND:
Frontier Resources Ltd is focussed on mineral exploration in highly prospective Papua New Guinea (PNG). The Company is targeting copper+/gold +/-molybdenum porphyries and intrusive related epithermal gold deposits on its Exploration Licences (Els), plus 2 significant EL Applications. Continued exploration and drilling is strongly warranted. The Papuan Fold Belt contains Frontier’s Bulago and Muller ELs and the Ok Tedi porphyry copper-gold Mine (located 80km WNW of Bulago), Porgera intrusive/ epithermal related gold Mine (120km east of Bulago) and Kili Teke porphyry copper-gold Deposit (50km east of Bulago).
ADDRESS PHONE EMAIL Unit 5, Ground Floor +61 (8) 9486 4036 [email protected] 1 Centro Ave, Subiaco ABN WEBSITE WA, 6008 Australia 96 095 684 389 www.frontierresources.com.au
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ASX: FNT
APPENDIX: Material Terms of Executive Director Agreement
The material terms of Mr Dong’s Executive Director Agreement are as follows:
Total fixed remuneration: $30,000 per annum, exclusive of any applicable superannuation contribution.
Termination:
Upon receipt of advice in writing of director’s resignation, or as otherwise in accordance with the Company’s Constitution.