Join our daily newsletter At The Bell to receive exclusive market insights
- Managing Director of Pathfinder Resources (PF1) Hugh Callaghan resigns from the company
- Mr Callaghan will continue to provide consultancy services for a minimum of three months, however, this may be extended as needed
- Prior to joining Pathfinder, Mr Callaghan was the founding director of Riversdale Mining and he currently advises mining projects across base, precious metals and bulk minerals
- Additionally, Robert Martin has been appointed as a Non-Executive Director, effective immediately
- Shares in Pathfinder have been trading steady at 50 cents since April 5
Managing Director of Pathfinder Resources (PF1) Hugh Callaghan has resigned from the company, effective immediately.
Mr Callaghan will continue to provide consultancy services for a minimum of three months, however, this may be extended as needed.
Mr Callaghan was only appointed Managing Director in September 2021, following Shannon Green’s resignation.
Prior to joining Pathfinder, Mr Callaghan was the founding director of Riversdale Mining which was sold to Rio Tinto (RIO) for $3.9 billion.
He has worked with the likes of Rio and Xstrata in Australia, Canada, the US, Brazil and Chile.
Once he retired from Riversdale, he invested in and developed copper projects in Chile and potash projects in the US and West Africa.
Currently, Mr Callaghan advises mining projects across base, precious metals and bulk minerals in the Americas and leads a team that built a silver, zinc and lead mine in Mexico.
Additionally, Robert Martin has been appointed as a Non-Executive Director, effective immediately.
Mr Martin is a commercial businessman with more than 25 years of experience in the mining, manufacturing and capital markets sectors.
He previously operated a successful mining services company which became a leading provider of products and services to the mining industry.
Currently, Mr Martin is Non-Executive Chairman at Critical Resources (CRR) and a Non-Executive Director at Parkd (PKD).
“On behalf of the Board I would like to take this opportunity to thank Hugh for his valuable service and contribution to the company during his tenure and wish him all the best in his
future endeavours,” Non-Executive Chairman Sufian Ahmad said.
“We are also delighted to welcome our newly appointed Director, Robert, and the Board looks forward to working together and benefiting from his experience.”
Shares in Pathfinder have been trading steady at 50 cents since April 5.
