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Freehill Mining (ASX:FHS) CEO resigns

Mining
ASX:FHS      MCAP $20.99M
19 February 2021 05:00 (AEST)

Freehill Mining’s (FHS) Chief Executive Office (CEO) Peter Hinner has resigned from his position.

Peter will leave the company after more than four years to pursue other business interest and gives Freehill his best wishes.

During his time, Peter helped Freehill achieve two critical milestones, the JORC mineral resource upgrade and the purchase of Yerbas Buenas project.

Non-Executive Chairman Ray Mangion says Peter has delivered considerable value for Freehill in his time as CEO.

“We wish him the very best with his future endeavours and for helping to
facilitate a smooth transition to what will be an expanded leadership team,” he said.

Additionally, the company will make a further announcement shortly on the appointment of a new director and new additions to its geological team.

“Freehill today has a broader asset portfolio that includes projects in both the pre-development and exploration phases, and as such, it is important that we strengthen our team so we can extract maximum value for shareholders and advance all projects more rapidly,” Ray said.

“The board is well-advanced strengthening our capabilities both in Australia and Chile and we look forward to updating shareholders in this regard early next week,” he added.

On market close, Feehill is in the grey and trading at 4.7 cents per share.

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