- Solstice Minerals (SLS) appoints experienced mining executive Nick Castleden as its CEO and Managing Director, effective from January 23
- Mr Castleden is a geologist with over 25 years of experience in the mineral exploration and development industry
- The roles comes with a $325,000 annual salary and superannuation, plus short and long term milestone-based incentives
- The company’s current Executive Director, Alastair Morrison, will step back to a non-executive director role once Mr Castleden takes up his post in January
- Shares in Solstice are up 15.2 per cent, trading at 19 cents as of 1:15 pm AEDT
Solstice Minerals (SLS) has appointed experienced mining executive Nick Castleden as its CEO and Managing Director, effective from January 23, 2023.
Mr Castleden is a geologist with over 25 years of experience in the mineral exploration and development industry.
His resume boasts respected Australian mining companies including Mt Isa Mines and LionOre in various exploration, project generation and management capacities with operational experience across Australia, the Americas and Africa.
More recently, he was the Managing Director of Apollo Consolidated until late 2021, when it was acquired by Ramelius Resources (RMS).
In particular, Mr Castleden has experience in Western Australian gold, nickel and base metal exploration and has participated in the discovery and delineation of new gold and nickel sulphide deposits.
The incoming MD’s remuneration package will include a base salary of $325,000 and superannuation, along with short and long term milestone-based incentives.
Executive Chairman Matthew Yates said Mr Castleden is an excellent fit for the company’s exploration portfolio.
“He has a proven track record and an extensive industry network which is highly relevant to our geographic and commodity focus,” Mr Yates said.
Alastair Morrison has agreed to step back to a non-executive director role once Mr Castleden takes up his post in January.
“On behalf of the board of Solstice, I would like to thank Alastair Morrison for leading
the company as Executive Director since Solstice’s IPO and ASX listing earlier this year.”
Shares in Solstice were up 15.2 per cent, trading at 19 cents as of 1:15 pm AEDT.