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Asra Minerals (ASX:ASR) appoints Rob Longley as Managing Director

ASX News, Mining
ASX:ASR      MCAP $11.64M
14 November 2022 11:50 (AEST)

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Asra Minerals (ASR) has appointed Rob Longley as its new Managing Director, effective today.

As part of the company’s leadership transition, Executive Director Peretz Schapiro has resigned from his position.

The company said Mr Longley would add a strong geological focus and strategic minerals direction for its emerging rare earths and gold assets in the Leonora region of Western Australia.

With over 30 years of technical, exploration and development project and corporate experience, Mr Longley has built a “solid reputation” as a trusted and distinguished corporate leader.

Asra said Mr Longley had a strong understanding of gold and strategic mineral projects, having worked on the Sunrise project in New South Wales and many gold, nickel and lithium deposits in WA.

Prior to his appointment, he served stints as the Managing Director and CEO of Ardiden (ADV) and Managing Director of Helios Gold.

“Asra is extremely fortunate to have appointed someone of Rob’s calibre in the mining industry,” ASR Chairman Paul Summers said.

“The board looks forward to the future with Rob as MD and are confident that this next stage of growth following the recent discovery of rare earths and critical minerals is going to be an exciting time for the company.

“Rob, together with fellow director Mathew Longworth, creates a very sound base of senior geologists with management and corporate experience upon which to build the future of Asra.”

Mr Longworth’s total remuneration package includes a base salary of $300,000 plus up to 15 million performance rights, subject to shareholder approval.

Shares in Asra were up 7.5 per cent and trading at 2.2 cents at 11:43 am AEDT.

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