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MinRex Resources (ASX:MRR) appoints George Karageorge as MD and CEO

ASX News, Materials
ASX:MRR      MCAP $13.01M
18 February 2022 11:29 (AEST)
Argent Minerals (ASX:ARD) - CEO & Managing Director, George Karageorge

Source: Boardroom Media

MinRex Resources (MRR) has appointed George Karageorge as Managing Director and Chief Executive Officer of the company, effective March 16, 2022.

Mr Karageorge is a geologist and has rare metal, base and precious metal exploration expertise with over 25 years experience in the exploration mining sector.

He has previously held senior technical and executive management roles for companies including Western Mining Corporation, Anglo Gold Ashanti and Pilbara Minerals.

The current Chief Executive Officer Pedro Kastellorizos will step down following a one-month handover process, following this he will be appointed Non-Executive Director.

The company thanked Mr Kastellorizos for his service as Chief Executive Officer and believes he will bring great experience to the board of the company.

The incoming Managing Director and Chief Executive Officer said he is excited to be taking on the roles as the company continues to expand.

“I am very excited to be taking over as MD & CEO of MinRex as we continue our strategy to become an emergent lithium explorer with high-quality assets in close proximity to world-class Lithium and Tantalum producers Pilbara Minerals, Mineral Resources, and Global Lithium,” he said.

Shares were trading in the grey at 6.5 cents at 11:29 am AEDT.

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