- Resolution Minerals (RML) appoints Mark Holcombe as its new US-based Non-Executive Director, bringing a breadth of experience to the company
- His extensive global network on the battery materials and precious metals sector will expose the company to a host of potential new funding and investment opportunities
- Meanwhile, the company also agrees to a strategic share placement with US-based investors to raise $600,000 at an issue price of 0.8 cents
- Funds raised will be used for milestone payments and exploration expenditure at the 64North project in Alaska, which includes an independent geological review
- Resolution Minerals ends the day in the grey to close at 0.9 cents
Resolution Minerals (RML) has appointed Mark Holcombe as its new US-based Non-Executive Director, bringing a breadth of experience to the company.
Mr Holcombe has over 30 years of experience in corporate and investment banking, corporate development and asset management.
He has significant experience in M&A advisory, corporate restructurings and public and private debt and equity financings and investments in the natural resources sector.
Further, his extensive global network focusing on the battery materials and precious metals sector will expose the company to a host of potential new funding and investment opportunities.
Meanwhile, the company had also agreed to a strategic share placement with US-based investors to raise $600,000 at an issue price of 0.8 cents.
Funds raised will be used for milestone payments and exploration expenditure at the 64North project in Alaska, which includes an independent geological review.
The exploration review at 64North will focus on the mineralisation potential of the district, knowledge gained from RML’s exploration to date and a future work program to ensure project success.
“The placement provides security for RML to be able to fund further earthworks and exploration at the 64North Gold Project so that we can make the most of the current Alaskan field season,” Managing Director Steve Groves said.
“We anticipate ongoing positive news flow for the remainder of the year as the drilling commences and the remaining results from the recent Tourmaline Ridge drilling in Alaska are received.”
Resolution Minerals has ended the day in the grey to close at 0.9 cents.