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Hexagon Energy Materials thanks managing director Mike Rosenstreich for contribution

Hexagon is progressing two wholly-owned assets in WA and is assessing the Ebony Energy Ltd blue hydrogen project with a view to completing an acquisition.

Hexagon Energy Materials Ltd -
Hexagon is focused on resources, energy materials and clean energy

Hexagon Energy Materials Ltd’s (ASX:HXG) managing director Mike Rosenstreich has tendered his resignation and stepped down from his position effective from today.

Rosenstreich was appointed managing director and CEO on March 17, 2017, and has overseen the development of projects and assets since that time.

As noted in the chairman’s address at the recent Annual General Meeting, Rosenstreich and the company had agreed a path for him to step away from Hexagon to pursue other opportunities.

He has agreed to remain as an executive through a transitional phase to December 31, 2020.

“Sincere appreciation”

Chairman Charles Whitfield said: “The board of Hexagon has expressed its sincere appreciation of Mike’s contribution to the company and wish him well in his future pursuits."

Justyn Stedwell will join the board as a non-executive director effective today and will serve as joint company secretary with a view to assuming the full company secretary role in 2021.

“We are also very pleased to welcome Justyn Stedwell to the company," Whitfield said.

“Justyn’s strong knowledge and successful track record with public companies will be an asset to the company and we look forward to pursuing our strategic objectives for shareholders.”

Experienced company secretary

Stedwell is an experienced company secretary consultant and director with close to 15 years’ experience with ASX-listed companies in various industries including IT, telecommunications, mining and exploration, biotechnology and agriculture.

Since January 2007, he has acted as company secretary for many ASX-listed companies and has been involved in several successful IPO’s and back door listings.

He is currently a director of Lifespot Health Limited (ASX:LSH) and Fertoz Ltd (ASX:FTZ) and was previously a director of ECS Botanics Limited (ASX:ECS) and Tymlez Group Limited (ASX:TYM).

Stedwell has a Bachelor of Commerce (Management & Economics) from Monash University, a Graduate Diploma of Accounting from Deakin University, Graduate Diploma in Applied Corporate Governance at the Governance Institute of Australia and a Graduate Certificate in Applied Finance at Kaplan Professional.

Quick facts: Hexagon Energy Materials Ltd


Price: 0.082 AUD

Market Cap: $36.57 m

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