- Following a review of its board Burley Minerals (BUR) appoints Wayne Richards to join the company as its new CEO
- Taking effect on January 1, Gary Powell will transition into the role of Technical Director and will remain as a company executive
- Mr Richards was formerly Executive Chairman and CEO of Tawana Resources and Managing Director of Brockman Resources among other roles
- On market close, Burley is up 3.03 per cent trading at 17 cents per share
Burley Minerals (BUR) has appointed Wayne Richards to join the company as its new CEO.
The company says the decision was made following a review of its Board and management composition and corporate governance principles.
Gary Powell will remain as an executive of the company and transition into the new role of Technical Director with effect from January 1, 2022.
Burley claims this will provide for an orderly transition of the management roles as it enters the next dynamic phase of its growth.
Mr Richards was formerly Executive Chairman and CEO of Tawana Resources, Managing
Director of Brockman Resources and Executive Project Director of Minprovise International and Strike Resources.
Burley Minerals’ Chairman, Bryan Dixon, said Wayne’s experience complements the current board and management team’s skills and experience well.
“We look forward to working with Wayne as the Company transitions from early-stage exploration targeting to undertaking maiden drill programs and preliminary feasibility studies,” he said.
Mr Dixon also thanked Mr Powell for his significant contribution to the company.
“Gary will continue to spearhead our exploration and resource definition efforts and make an important contribution to our ongoing evaluation studies,” he said.
On market close, Burley was up 3.03 per cent trading at 17 cents per share.