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Kopore Metals (ASX:KMT) appoints Caroline Keats as Managing Director

Mining
ASX:KMT
04 October 2021 17:52 (AEST)
Kopore Metals (ASX:KMT) - Managing Director, Simon Jackson (right)

Source: YouTube

Kopore Metals (KMT) has chosen Caroline Keats as Managing Director, commencing immediately.

In August, Ms Keats was appointed Non-Executive Director and is replacing Simon Jackson, who will become a Non-Executive Director, following six months of part-time executive work.

Ms Keats is a legally qualified corporate executive with 20 years of corporate and commercial experience.

She has experience working with assets in foreign jurisdictions, particularly Africa, and has liaised with foreign governments to improve their understanding of operational and Australian corporate requirements, KMT said in a statement.

Chairman Peter Meagher said Ms Keats is an accomplished professional and has worked as an executive and director of listed resources companies over a long period.

“Her background and experience, including her work as Managing Director of metals projects in Africa, will prove highly beneficial as we move forward,” he said.

“On behalf of my fellow directors, I would like to thank Simon for his efforts and contribution to the company during his tenure as Managing Director. Simon has played a vital role in guiding Kopore to what is now an exciting point in the development of our projects.”

Ms Keats will have a base salary of $300,000 per annum, which is exclusive of superannuation, 20 million loan shares, subject to shareholder approval, and a short term incentive of up to 30 per cent of her base salary if key performance indicators are met.

On market close for the day, Kopore was in the grey and trading at 2.3 cents per share.

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