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- QMines (QML) appoints Simon Kidston as its new Non-Executive Chairman
- Mr Kidston replaces Andrew Sparke, who becomes the company’s Managing Director
- Mr Kidston also serves as Non-Executive Chairman of Lithium Plus Minerals (LPM), a Non-Executive Director of TSXV-listed QC Copper & Gold, and Chairman of private carbon credit developer Permagen
- Mr Sparke says Mr Kidston will make a “valuable contribution” for all shareholders, with “very exciting plans” in store for 2023
- QML shares end the day down 2.78 per cent, trading at 17.5 cents
QMines (QML) has appointed Simon Kidston as its new Non-Executive Chairman.
Mr Kidston replaces Andrew Sparke, who will move into the role of Managing Director.
Also serving as Director and Co-Founder of Genex Power (GNX), Mr Kidston has played a pivotal role in securing funding, permits and construction plans for GNX’s $1 billion portfolio of renewable energy assets in both Queensland and New South Wales.
The portfolio includes the Kidston 250-megawatt pumped hydro project, which is under construction.
Mr Kidston holds other roles, serving as Non-Executive Chairman of Lithium Plus Minerals (LPM), a Non-Executive Director of TSXV-listed QC Copper & Gold, and Chairman of private carbon credit developer Permagen.
QMines’ newest Managing Director, Andrew Sparke, said the company was “excited” to bolster its board with its latest addition.
“Simon is a proven business builder and value creator. His passion for renewable energy and growing businesses sustainably has many parallels to QMines’ growth plans,” Mr Sparke said.
“Simon has guided a number of businesses to cashflow and taken them through the permitting and approvals process and has deep connections in Queensland, the home of our flagship Mt Chalmers copper mine.”
Mr Sparke added that Mr Kidston would make a “valuable contribution” for all shareholders, with “very exciting plans” in store for 2023.
QML shares ended the day down 2.78 per cent, trading at 17.5 cents.
