- Zenith Minerals (ZNC) has transitioned current Non-Executive Chairman, Peter Bird, into the role of Executive Chairman, effective immediately
- Peter was elected Non-Executive Chairman in August after former Chairman Mike Joyce’s departure
- Peter will focus on investor relations and corporate, while CEO Mick Clifford will focus on the growth of the company’s projects
- This transition aligns with Zenith’s strategy of unlocking the potential of five of its wholly-owned Australian projects
- Company shares are trading a slight 2.17 per cent higher for 11.8 cents
Zenith Minerals (ZNC) has appointed current Non-Executive Chairman, Peter Bird, as Executive Chairman, effective today.
Peter is a well-respected mining executive with extensive experience across senior technical, management, investor relations and human resources positions.
Peter originally joined the board as a Non-Executive Director on March 30. This was part of Zenith’s ongoing board renewal.
He was elected Non-Executive Chairman in August and officially stepped into the role on September 30. This followed former Chairman Mike Joyce’s decision not to proceed with the role after he was due for a re-election.
“I am really excited to have been offered a more active role within Zenith. The process of renewal and transition as the business grows and evolves has been managed with the utmost thought and professionalism,” Peter said.
As part of his new executive role, Peter will focus on investor relations and corporate, while CEO Mick Clifford will focus on the growth of the business by unlocking the potential at the company’s projects.
“I’m very pleased that Peter has joined the management team in an executive capacity. His skills, experience and investor contacts have the potential to add significantly to our business,” Mick Clifford said.
Zenith’s current focus is to aggressively evaluate its Red Mountain, Split Rocks, Develin Creek, Jackadgery and Flanagans projects in Australia.
As the company is well-funded thanks to a $5.1 million placement completed last quarter, it claims there will be extensive news flow regarding its projects.
Zenith will provide more updates on its activities and recent results at the Virtual Gold Conference on November 26.
Company shares are trading a slight 2.17 per cent higher for 11.8 cents at 2:46 pm AEDT.