He is the head of the Elsasser family office M. Elsasser & Cie AG 1971 in Dusseldorf, Germany, where he provides advice to a number of European investors.
Elsasser was also previously director of Finance at the Dow Chemical Company in Germany and also has extensive experience as a managing director in the chemical and food industries in Singapore and Australia.
Stellar expects Elsasser's experience and advice in financing junior resource companies to be a valuable asset.
Elsasser has held shares in the company for the past three years and currently holds 5,717,666 shares.
The company had in April reported that it had made a thicker than expected intersection of high grade tin - including a peak assay of 10 metres at 2.54% tine - with its first hole at the main Queen Hill ore body at its Heemskirk Tin project in Tasmania.
Most (more than 97%) of the tin also appears to take the form of cassiterite - the most favourable tin mineral for processing.
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.