Shares in IronRidge Resources Ltd (LON:IRR) nudged higher as it revealed the appointment of a new non-exec director.
Kenichiro Tsubaki (Ken Tsubaki) joins with immediate effect, replacing Thomas Ueda, who has retired, the mining firm said.
Tsubaki, 47, formally joins the board as part of the company's strategic alliance with Sumitomo Corporation (Sumitomo) and brings to IronRidge a wealth of expertise in strategic development, marketing, operational and corporate development.
Tsubaki is currently the head of Sumitomo's iron and steel making raw materials department Tokyo.
Ironridge chief executive Vincent Mascolo told investors: "The directors of the company would like to extend their sincere thanks to Mr Thomas Ueda for his contribution to date, and welcome Mr Ken Tsubaki to the Board at a compelling time in the company's history."
Shares added 3.13% to 4.125p.