22/01/2009 - 09:27

Baxter joins Murchison Metals board

22/01/2009 - 09:27

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Former Consolidated Minerals managing director Rod Baxter has been appointed to the Murchison Metals board.

Baxter joins Murchison Metals board

Former Consolidated Minerals managing director Rod Baxter has been appointed to the Murchison Metals board.

Mr Baxter joins the iron ore miner in a non-executive director capacity and will be issued with 200,000 options at an exercise price of $1.25 as part of his remuneration package.

Shares in Murchison were up 2.5 cents to 56.5c at 11:43 AEDT.

Mr Baxter resigned from his ConsMin position in April last year, three months after Ukranian group Palmary Enterprises completed a hotly contested takeover of the company.

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