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Cassini Resources makes board changes ahead of what looms as a defining year for the company

Ms Sze Man Suen (Simone) has been appointed to the board of the company as a non-executive director, effective immediately.

Cassini Resources Ltd - Cassini Resources appoints highly credentialed company director to the board as non-executive director
Cassini's flagship is the Nebo-Babel copper-nickel development project

Cassini Resources Limited (ASX:CZI) has made several board changes, including the appointment of Sze Man Suen (Simone) as a non-executive director, ahead of what looms as a definitive year for the company.

Simone is a highly credentialed company director with a Bachelor of Business and more than 20 years’ experience in the resources industry in Australia and internationally.

She was an executive director between 2010 and 2018 at Alliance Mineral Assets Limited where she procured, mobilised and organised staff and resources for the development, commissioning and operations of the Bald Hill Tantalum/Lithium Project in Western Australia.

Alliance successfully listed the project onto the Singapore Exchange Securities Trading Limited in 2014.

Experience to assist transition

Chairman Mike Young said: “Simone’s appointment to the board of Cassini is perfectly timed ahead of a defining year for the company.

“As we prepare for the delivery of the Nebo-Babel Pre-Feasibility Study (PFS), Australia’s largest copper-nickel development project, Simone’s experience will broaden Cassini’s expertise and assist in the transition to the next phase.

“As a substantial shareholder, Simone is strongly aligned with the company’s direction and will assist with developing stronger relationships with several of Cassini’s key shareholders and extend our reach into new investor markets."

Simone brings a wealth of experience in financing, business development and marketing of early-stage mining projects, particularly in Asian markets.

COO appointment

In order to manage the size of the board, Greg Miles has resigned from his position as an executive director, effective immediately, and has been appointed chief operating officer.

The day-to-day role of Miles will not change within Cassini as he steers the company’s technical and operations team, working closely with joint venture partner OZ Minerals Limited (ASX:OZL), to deliver a pre-feasibility study at the West Musgrave project.

Young said, “I’d like to thank Greg for his time as a director. He was a founding director when the company debuted on the ASX in 2012 and has made an enormous contribution in the role.

“Whilst he steps off the board, it will really be business as usual as he continues as a key part of the leadership team.”

Quick facts: Cassini Resources Ltd

Price: 0.094 AUD

ASX:CZI
Market: ASX
Market Cap: $40.21 m
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