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Southern Gold advises of passing of pending board appointee Terry Grammer

The experienced geologist was due to take on a non-executive director role on completion of Metal Tiger PLC’s recent investment in Southern Gold.

Southern Gold Limited - Southern Gold advises of passing of pending board appointee Terry Grammer
Terry Grammer (third from left) inspects drill core at Southern Gold’s Beopseongpo project in South Korea

Southern Gold Limited (ASX:SAU) advises of the passing of pending appointee to its board, Terry Grammer, after a short illness.

He was due to take on his role as a non-executive director of Southern Gold on completion of the company’s recent equity raising as an appointee of Metal Tiger PLC (LON:MTR).

The board and staff of the company have extended their sympathies to Mr Grammer’s family and his colleagues at Metal Tiger.

Southern Gold will advise an alternative director appointment in due course.

Metal Tiger director

Terry Grammer was appointed to the Metal Tiger board in September 2014 and was an award-winning and renowned geologist.

He had more than 40 years’ experience in mining and mineral exploration with extensive experience in Australia, Africa, South East Asia and New Zealand and had been involved in numerous ASX-listed companies that have achieved dramatic growth.

Geology experience

As a geologist, he discovered the Cosmos nickel deposit for ASX-listed Jubilee Mines NL which went on to be an ASX Top 200 company and for which he was awarded the Association of Mining & Exploration Companies joint Prospector of the Year in 2000.

Terry co-founded and listed Western Areas Ltd (ASX:WSA) in 2000, serving as exploration manager from 2000 to 2004 in the company which made the ASX Top 200 list.

He was chairman of South Boulder Mines from 2008-2013 which grew to be an ASX Top 300 company.

From 2010 to 2015, Terry was a director of Sirius Resources NL and helped to guide that company through the discovery, feasibility and development funding of the Nova nickel and copper deposits in Western Australia.

This saw the company’s share price dramatically rise from 5 cents in July 2012 to a peak above A$5 per share in early 2013 and become an ASX Top 200 company. 

Terry was appointed a director of Kalahari Metals Ltd in July 2018.

Quick facts: Southern Gold Limited

Price: 0.11 AUD

Market: ASX
Market Cap: $23.47 m

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