Ramelius Resources Limited (ASX: RMS) is pleased to announce the appointment of Mr Tim Manners as the Company's Chief Financial Officer, effective 31 July 2017.
31 July 2017
ISSUED CAPITAL
Ordinary Shares: 526M
DIRECTORS
NON-EXECUTIVE CHAIRMAN:Robert Kennedy
NON-EXECUTIVE DIRECTORS:Kevin Lines Michael Bohm
MANAGING DIRECTOR:Mark Zeptner
www.rameliusresources.com.au info@rameliusresources.com.au
RAMELIUS RESOURCES LIMITED
Registered Office
Suite 4, 148 Greenhill Road Parkside, Adelaide
South Australia 5063
Tel +61 8 8271 1999
Fax +61 8 8271 1988
Operations Office
Level 1, 130 Royal Street East Perth WA 6004
Tel +61 8 9202 1127
Mr Manners is a Chartered Accountant and highly accomplished finance professional with over 24 years of experience, primarily in the Australian gold industry. He was most recently at successful WA gold explorer Gold Road Resources, as General Manager - Finance, and also held the position of CFO with Phoenix Gold Ltd and Bathurst Resources Ltd prior to that.
Mr Manners replaces Mr Simon Iacopetta who has resigned in favour of remaining in an Adelaide-based role longer term. The Board wishes to thank Mr Iacopetta for his six plus years of service, starting as Financial Controller, with the last two years in the CFO role.
Consequently, the Company has taken the decision to relocate the Finance Team from Adelaide, where it has been based since inception in 2003, to Perth alongside the operations and exploration teams. All corporate finance functions will be delivered out of the Perth office, following full recruitment of the new team, expected by 1 September 2017. The Registered Office and Company Secretarial function will remain in Adelaide.
The Managing Director, Mr Mark Zeptner today said:
"It is great to have a CFO of Tim's calibre and personal network join the Company, especially at a time when we are actively seeking opportunities in the acquisition or M&A space. I also look forward to consolidating the finance team with the operations and exploration teams, for the first time at Ramelius, with a number of improved efficiencies and intangible benefits expected to come from this."
Ramelius has recently released a four year mine plan with production expected to be approximately 130koz in FY2018 with growth up to 150koz by FY2021, brought about by ongoing brownfields exploration at its key Western Australian operations - Mt Magnet and Vivien.
For further information contact:
Mark Zeptner Duncan GordonManaging Director Executive Director
Ramelius Resources Limited Adelaide Equity Partners Limited
Ph: +61 8 9202 1127 Ph: +61 8 8232 8800
Ramelius Resources Limited published this content on 31 July 2017 and is solely responsible for the information contained herein.
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