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BPM Minerals (ASX:BPM) appoints new CEO

Materials
ASX:BPM      MCAP $4.094M
05 February 2021 10:00 (AEST)
Managing Director, Peter McGrath

BPM Minerals (BPM) has appointed Christopher Swallow as Chief Executive Officer, effective from today.

BPM Minerals is a Perth-based gold, nickel and base-metal explorer with projects across some of WA’s most prolific greenstone belts.

The new CEO will be based in Perth and work closely with the company’s Australian-based directors He will receive a fixed remuneration of $150,000 per year.

Subject to shareholder approval, Chris Swallow will be granted 375,000 performance rights if the company can raise a cumulative additional $4 million of capital to support its upcoming projects within two years of his appointment.

He will also be granted 187,500 performance rights to become exercisable a year after appointment, and 187,500 performance rights again after two years in the position.

Chris Swallow comes with more than 15 years’ experience across both public and private sectors, working most recently as the Corporate Development Officer for ASX-listers Minbos Resources (MNB) and Predictive Discovery (PDI)

Prior to this, he worked in Strategic Communications as an advisor to numerous mineral explorers across Australian, North American and West Africa, covering a range of commodities including gold, nickel, zinc and copper.

“Chris brings unique skills to BPM with his corporate and government experience and with a strong work ethic and dedication to achieving exploration outcomes, he has already made a strong contribution to the Company in an informal operational capacity,” said BPM Chairman Paul Lloyd.

“Now as CEO he will be tasked with driving exploration programs across our three projects with drilling at the Nepean Nickel Project imminent”.

BPM Minerals is in the grey, and has been trading at 27 cents at 9:15 am AEDT.

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