Atrum Coal Limited announced that the Company's CFO, Mr. Jayram Hosanee, has resigned effective from 1 July 2023. The Company also announced that Patricia Penney has been appointed as CFO effective from 1 July 2023 and the terms of her appointment align with the Atrum's ongoing cost optimization measures. Patricia Penney is a Chartered Professional Accountant (CPA, CA) with over 20 years of accounting and audit experience.

Patricia is currently the Interim CFO for Fortune Minerals Limited, a Canadian exploration and mining Company. Patricia has been in this position since June 2020, and prior to that she was the Controller, and has been with Fortune Minerals Limited for 10 years. Prior to joining Fortune, she worked at Caceis Canada Ltd., an asset servicing and fund administration company, as a Senior Manager.