Resolution Minerals (ASX:RML) appoints Chris McFadden as Managing Director

• Resolution Minerals (RML) appoints Chris McFadden as its new Managing Director
• Mr McFadden is a lawyer with over 25 years of experience in exploration and mining, having previously held roles at NexGen Energy, Newcrest Mining (NCM), Tigers Realm Coal (TIG) and Rio Tinto (RIO)
• The incoming Managing Director will start in his new role on May 22
• Resolution Minerals climbed 10 per cent to trade at 0.6 cents at 12:33 pm AEST

Resolution Minerals (RML) shares have spiked following the appointment of Chris McFadden as the company’s new Managing Director.

Mr McFadden is a lawyer with over 25 years of experience in exploration and mining. He currently holds the role of Chairman of NexGen Energy and is a director of IsoEnergy. He was a co-founder of each, along with Consolidated Uranium, previously known as NxGold.

He previously held the position of Manager, Business Development at Newcrest Mining (NCM), Head of Commercial, Strategy and Corporate Development for Tigers Realm Coal (TIG), and Commercial General Manager at Rio Tinto (RIO).

“I am very pleased to announce the appointment of Chris McFadden as the new Managing Director for Resolution Minerals,” Resolution Chairman Duncan Chessell said.

“His track record speaks for itself, having built multiple successful companies including NexGen Energy with market capitalisations now in excess of $2 billion.”

The new role comes with a $325,000 annual salary plus superannuation of $27,500, along with short- and long-term incentives of up to 57.55 million performance rights.

“I look forward to building a company with elite standards for sustainable environmental management and relationships with people that delivers value to shareholders,” Mr McFadden said.

The incoming Managing Director will start in his new role on May 22.

Resolution Minerals shares climbed 10 per cent to 0.6 cents at 12:33 pm AEST.