The resignation of Talisman Mining's managing director and the appointment of a new chief executive at Tiger Resources are among the recent board changes at four local junior miners.
Talisman managing director Gary Lethridge has stepped down from his role to spend more time with his family, with the company’s chief financial officer, Daniel Madden, appointed acting CEO while the board begins the search to replace Mr Lethridege.
Tiger announced today the appointment of existing non-executive director Michael Griffiths to the role of CEO and managing director, having served as interim CEO since August last year.
Mr Griffith will receive an annual remuneration of $425,000.
Meanwhile, Vimy Resources has told the market that BC Iron director Andrew Haslam will join the board as a non-executive director, as well as Algae.Tec and Anova Minerals chairman Malcolm James, who will replace Aaron Hood.
“Following Mr Hood’s recent appointment to EMR Capital based in Melbourne, Forrest Family Investments has elected to change its nominee director and has nominated Mr James to replace Aaron, who has resigned,” Vimy said in a statement.
“This appointment highlights the continued commitment of FFI, an entity within the Minderoo Group and Vimy’s largest shareholder, to Vimy and its flagship Mulga Rock project.”
His role at Orecorp will be his only on a publicly listed board.
Mr Rigo will receive an annual fee of $40,000.
Talisman shares were 1 per cent lower to 46 cents each, while Tiger shares rose 4.1 per cent to 5 cents each at the close of trade.
Vimy shares were unchanged at 31 cents each, while Orecorp shares surged 12 per cent to 28 cents each.