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Auroch Minerals strengthens team as it steps up nickel strategy

Published: 13:16 10 Feb 2021 AEDT

Auroch Minerals Ltd - Auroch Minerals strengthens team as it steps up nickel strategy
Trevor Eton has been appointed a non-executive director and Rebecca Moylan chief financial officer.

Auroch Minerals Ltd (ASX:AOU) has strengthened its board and executive team as it steps up exploration efforts at highly prospective nickel projects in Western Australia.

Trevor Eton has been appointed as a non-executive director and Rebecca Moylan as chief financial officer (CFO) of the company.

Eton is a well-respected finance executive with more than 35 years’ extensive experience in corporate finance within the minerals industry.

Moylan is an experienced CFO with expertise in financial and corporate management, accounting, project financing and contract negotiation.

Aggressive exploration strategy

Auroch managing director Aidan Platel said: “We are extremely pleased that Trevor has joined Auroch’s Board of Directors.

“His nickel industry knowledge, leadership and experience in all areas of corporate finance, treasury, offtake, risk management, cost control and equity markets will be a tremendous asset as the company continues to aggressively explore and develop its Saints, Leinster and Nepean nickel projects in Western Australia.”

Previous experience

In his previous full-time role as CFO and company secretary of sulphide nickel producer Panoramic Resources Limited (ASX:PAN) from 2003 to 2020, Eton was instrumental in the financing, construction and development of the Savannah nickel project.

He was also heavily involved in the acquisition and subsequent development of the Lanfranchi Nickel Project, which saw Panoramic reach a market capitalisation exceeding $1 billion in 2007.

Before joining Panoramic, he has held corporate finance roles with various other resource companies, including diversified metal producers, MPI Mines Limited (MPI) and Australian Consolidated Minerals Limited (ACM).

Eton holds a Bachelor of Arts (Hons.) degree with a major in economics from the Victoria University of Wellington (VUW), New Zealand, a Post Graduate Diploma in Management from the Melbourne Business School and is an Associate Fellow of the Australian Institute of Management (AFAIM).

Experience in similar roles

During her career in the mining industry, Moylan has spent nearly 10 years in various senior roles including as CFO and company secretary of several ASX-listed companies.

She holds a Bachelor of Business (Accounting and Finance) degree and, is a certified practising accountant (CPA), a fellow of Financial Services Institute of Australasia and a Graduate Member of Australian Institute of Company Directors (GAICD).

Platel said: “We are also very pleased to welcome Rebecca to the Auroch team as CFO.

“Her wealth of knowledge and experience gained in similar roles for other ASX-listed resource companies will be invaluable as the company builds the team it needs to aggressively progress its high-quality nickel sulphide portfolio.”

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