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  • Stratum Metals Appoints Terry Grammer To The Board 0 comments
    Feb 27, 2013 8:04 PM

    Stratum Metals (ASX: SXT) has appointedwell-credentialed Terry Grammer to the board as a Non‐Executive Director, with Grammer bringing significant experience in the resource sector to the company.

    Grammer is currently the Non-Executive director for Sirius Resources (ASX: SIR) and Chairman for South Boulder Mines (ASX: STB).

    Grammer is one of Australia's most successful prospecting geologists, with a career spanning more than 35 years in Australia, Africa, Asia and New Zealand.

    Accolades for Grammer include being the joint winner of the AMEC Prospector of the Year Award in 2000 for his role in the discovery of the highly profitable Cosmos nickel deposit in 1997 - which subsequently underpinned the development of Jubilee Mines NL as a leading mid‐tier Australian mining company prior to its takeover by Xstrata.

    Stratum will now advance the Menzies project underpinned by strategic international investment, recently completed capital raising on ground technical team and strong board representation.

    Recent $2 million raising

    Earlier in the month Stratum raised $2,000,000 by issuing 8,000,000 shares at $0.25 each to investors via a placement.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

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