Fin Resources (ASX:FIN) - Managing Director, Gautam Varma
Managing Director, Gautam Varma
Source: Gautam Varma / LinkedIn
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Fin Resources (FIN) appoints Gautam Varma as Managing Director, effective immediately
  • Mr Varma is a veteran of the mining industry, having worked with the likes of BHP (BHP). Fortescue Metals (FMG), Iluka Resources (ILA) and Xstrata
  • He has worked across a range of commodities including those related to decarbonisation and electrification
  • As a result of Mr Varma’s appointment, Ryan de Franck will step back as an Executive Director and resume a Non-Executive Director position on the board
  • Fin ends the day in the grey with shares trading at 3.6 cents

Fin Resources (FIN) has appointed Gautam Varma as Managing Director, effective immediately.

Mr Varma is a veteran of the mining industry, having worked with the likes of BHP (BHP). Fortescue Metals (FMG), Iluka Resources (ILA) and Xstrata.

He has worked across a range of commodities including those related to decarbonisation and electrification.

“I am delighted to be joining FIN where we are at the right place at the right time to develop a renewable energy platform to support the sustainable production of green products,” Mr Varma commented.

“The team at FIN Resources has worked tirelessly to be granted significant tenements in one of the world’s best regions for green energy and related industries.”

“I look forward to working with the team to evaluate our strategic options and execute expeditiously.”

As a result of Mr Varma’s appointment, Ryan de Franck will step back as an Executive Director and resume a Non-Executive Director position on the board.

Additionally, Simon Mottram has resigned as a Director of the board.

Fin has ended the day in the grey with shares trading at 3.6 cents in a $19.97 million market cap.

FIN by the numbers
More From The Market Online

Aspire Mining secures approval for Ovoot Coking Coal Project road in Mongolia

Aspire Mining (ASX:AKM) has announced the approval of the Detailed Environmental Impact Assessment (DEIA) for the…

Adore CEO steps down as revenues go up

Adore Beauty's chief executive officer is stepping down at the same time that the company's quarterly…
The Market Online Video

Market Update: ASX changes red outfit for more fashionable green

The ASX200 is trading up, around three quarters of a per cent with all sectors – barring staples – in the green.

Tempus picks up Canadian play in Storm (y) territory

Tempus Resources is set to acquire the Prescott Project in Canada, which it believes shares geological…