- Prodigy Gold (PRX) announces the appointment of Mark Edwards as its new Managing Director
- Effective from May 1, Mr Edwards will take over from Brett Smith who has been acting in the role since December, following the resignation of Matt Briggs in October 2021
- Mr Edwards is a geologist with over 25 years of experience working as a manager and mine geologist on gold projects in the Northern Territory, Western Australia and Botswana
- The new Managing Director will be on a salary of $325,000 before superannuation and a discretionary performance bonus of up to $25,000 per annum
- PRX shares eight per cent higher at 2.7 cents
Prodigy Gold (PRX) has appointed Mark Edwards as its new Managing Director.
Effective from May 1, Mr Edwards will take over from Brett Smith who has been acting in the role since December, following the resignation of Matt Briggs in October 2021.
Mr Edwards is a geologist with more than 25 years experience working primarily as a manager and mine geologist responsible for the definition and replacement of resources and reserves on gold projects in the Northern Territory, Western Australia and Botswana.
He has previously held positions at Otter Gold Mines, Sons of Gwalia, IAM Gold and Kirkland Lake Gold.
Mr Edwards has worked at the Tanami gold mine and Pine Creek projects in the NT.
The new Managing Director will be on a salary of $325,000 before superannuation and a
discretionary performance bonus of up to $25,000 per annum.
He will also receive a sign-on benefit of two million unlisted PRX options.
The company said Mr Smith will remain in an interim executive role until Mr Edwards commences his role and a handover of duties has been completed. He will subsequently revert to a non-executive director role.
PRX shares were trading eight per cent higher at 2.7 cents at 3:16 pm AEDT.