Board Moves May 4, 2021

88 Energy has confirmed the appointment of Ashley Gilbert as managing director from 10 May, following his recent appointment as interim chief executive in February amidst the resignation of David Wall. As a result of this appointment, Mr Gilbert will relinquish his roles as chief financial officer and company secretary, with Sarah Smith being appointed company secretary. Ms Smith has over 9 years of experience in the provision of company secretarial services for listed companies, capital raisings and IPOs. She was the acting company secretary of 88 Energy from 2014 to 2020.

Magnum Mining & Exploration has appointed Matthew Latimore as non-executive director, and Hugh Callaghan has resigned from the board. Mr Latimore is the founder and president of M Resources, a company he established in 2011 for marketing, investment and trading of steelmaking raw materials, with a focus on metallurgical coal.

New Energy Minerals has appointed Andrew Haythorpe as managing director, with Christiaan Jordaan retiring as non-executive director, and interim executive chair Ian Daymond reverting to being non-executive chair. Mr Haythorpe has extensive experience in all aspects of gold exploration and project advancement. He was a gold mining analyst and director with considerable public company experience. He will initially serve on a part-time basis as he oversees the process of seeking the re-admission of the company to ASX, including the completion of the acquisition of a new mineral project for the company. He will convert to being full-time as the project requires.

Bryn Jones has resigned as non-executive director of Salt Lake Potash. Mr Jones has been on the board since June 2017.