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ORBMINCO LIMITED — Board/Management Information 2020
Dec 2, 2020
65473_rns_2020-12-02_17b52be3-2461-4035-9a78-05da4f7bac5a.pdf
Board/Management Information
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Woomera Mining Limited
Suite 116, 147 Pirie St Adelaide SA 5000 [email protected] www.WoomeraMining.com.au
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3 December 2020
ASX Announcement
Appointment of Managing Director
Woomera Mining Limited (ASX:WML) ( Woomera or the Company ) is pleased to announce that it has appointed Mr Kevin Seymour as its Managing Director.
Mr Seymour is an experienced, highly credentialled exploration geologist with broad experience in different commodities and geological terrains. He is currently the General Manager of Exploration at Ramelius Resources Ltd.
Prior to being employed by Ramelius, Kevin held senior exploration roles with Glengarry Resources Ltd, Sons of Gwalia Ltd and Delta Gold Ltd.
The Board welcomes Kevin to the role and looks forward to working with him to add significant value to the Company’s projects.
Kevin is expected to commence in the role in early 2021 and will be based in Perth, WA. The material terms of Kevin’s remuneration package are detailed on page 2 of this release.
This ASX announcement has been approved by Woomera Mining’s Board of Directors and authorised for release by:
Ian Gordon
Non-Executive Chairman Woomera Mining Limited +61 8 8232 6201
Page 1 of 2
Remuneration Package – Kevin Seymour
Salary:
$200,000 p.a. plus superannuation
Options:
Subject to shareholder approval, the Company intends to issue Mr Seymour 15 million options with a term of 3 years from the issue date and a strike price of 5 cents.
Termination:
The Company and Mr Seymour may terminate the employment contract on giving one months’ notice.
About Woomera Mining Limited
Woomera Mining Limited (Woomera) is an ASX listed exploration company based in Adelaide, South Australia with its primary focus being the Mt Venn Greenstone Belt in Western Australia (Mt Venn Gold Project) where it has identified a number of high-priority, drill-ready gold and nickel targets. The Company also has tenements in the Musgrave Province and Gawler Craton of South Australia which are considered prospective for IOCGU deposits, Cu-Ni-Co deposits, Rare Earth and Precious Metals.
FORWARD LOOKING STATEMENTS
Certain statements in this document are or maybe “forward-looking statements” and represent Woomera’s intentions, projections, expectations or beliefs concerning among other things, future exploration activities. The projections, estimates and beliefs contained in such forward looking statements necessarily involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Woomera, and which may cause Woomera’s actual performance in future periods to differ materially from any express or implied estimates or projections. Nothing in this document is a promise or representation as to the future. Statements or assumptions in this document as to future matters may prove to be incorrect and differences may be material. Woomera does not make any representation or warranty as to the accuracy of such statements or assumptions.
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