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TAWANA RESOURCES NL - Management Changes

Release Date: 27/10/2017 08:44
Code(s): TAW     PDF:  
Wrap Text
Management Changes

Tawana Resources NL
(Incorporated in Australia)
(Registration number ACN 085 166 721)
Share code on the JSE Limited: TAW
JSE ISIN: AU0000TAWDA9
Share code on the Australian Securities Exchange Limited: TAW
ASX ISIN: AU000000TAW7
(“the Company” or “Tawana”)


 Management Changes
 Tawana Resources NL (ASX: TAW) (Tawana) announces that Mr Michael Naylor will step down
 as Executive Director, Chief Financial Officer and Company Secretary of the Company,
 effective close of business on 31 October 2017.

 Mr Naylor has been a part-time consultant to Tawana since January 2014. Given the
 advanced nature of the Bald Hill Lithium and Tantalum Mine and the workload associated
 with bringing the mine into production by the first quarter of 2018, the Company has decided
 to engage a full time Chief Financial Officer.

 Mr Craig Hasson, the Company’s Commercial Manager will assume an interim CFO position
 until the executive search to appoint a new CFO, which is currently underway, has been
 completed.

 Managing Director Mark Calderwood said: “On behalf of the Board and management I wish
 to extend my thanks and gratitude to Michael for his contribution and commitment. Michael
 has played an integral part in transitioning Tawana from a West African iron ore exploration
 company to a fully funded lithium developer. We look forward to building on what the team
 has achieved in last 12 months as the company progresses to become a lithium producer in
 the first quarter of 2018.”


27 October 2017

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

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