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Fox Resources Interim Chief Executive Officer Steps Down

Fox Resources (ASX: FXR) interim chief executive officer, chief financial officer and company secretary Bruce Garlick has stepped down with the company advising that a successor will be appointed shortly.

Garlick joined the company in September 2011 as its chief financial officer and company secretary and was subsequently appointed the interim chief executive officer on 1 October 2012.

The company is currently waiting on completion of its Share Purchase Plan, success of which will allow it to embark on its first drilling program at the Bundaberg Coal Project in Queensland.

Seven holes will be drilled to define a premium hard coking coal resource just next to a discovery made by International Coal (ASX: ICX) and a subsidiary of Gina Rinehart's Hancock Prospecting.

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