Seeking Alpha

Proactive Investor's  Instablog

Proactive Investor
Send Message
Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
My company:
Proactiveinvestors
My blog:
Proactiveinvestors
  • Havilah Resources Restructuring Board 0 comments
    Nov 10, 2013 8:26 PM

    Havilah Resources (ASX: HAV) is restructuring its board as it transitions towards becoming a minerals producer with executive chairman Dr Bob Johnson stepping down.

    The board has elected directors Ken Williams as its independent non-executive chairman and Dr Chris Giles as its managing director.

    Giles will remain in this role until the company appoints a suitably qualified and experienced senior executive, who will be responsible for management of the development and operation of Havilah's three advanced mineral projects, namely Portia gold, Kalkaroo copper-gold and Maldorky iron ore.

    He will then return to his role as technical director, exploration and corporate development.

    "As one of the founders and a driving force within Havilah, Dr Bob Johnson has played a key role in Havilah's extraordinary exploration success over the last decade," Williams said.

    "Bob has stepped aside to allow Havilah to engage a different skill set in order to focus on the next stage of its development as it becomes a mineral producer."

    The company had recently appointed the former head of NAB Corporate, South Australia, Paul Mertin as an independent non-executive director of the company and chair of the audit committee.

    It has recently identified a potential economic extension to the current cooper-gold resource at its West Kalkaroo conceptual open pit.

    Havilah has also submitted a Mining Lease Proposal document to the Department for Manufacturing, Innovation, Trade, Resources and Energy for Maldorky that specifies details of the mining operations and supports its application for a mining lease over the mine.

    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.

Back To Proactive Investor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.