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Kingwest Resources appoints new chair on path to Menzies gold production

The company is looking to benefit from the input and assistance of new chairman Gregory Bittar in progressing its 100%-owned Menzies Gold Project towards production.

Kingwest Resources Ltd - Kingwest Resources appoints new chair on path to Menzies gold production
Previous chairman Adrian Byass will remain as a non-executive director.

Kingwest Resources Ltd (ASX:KWR) has appointed Gregory Bittar as non-executive chairman effective as of July 1, 2021.

Bittar has extensive experience in public and private markets mergers and acquisitions, capital markets and strategic advisory assignments across a range of sectors including general industries, metals and mining, mining services and energy.

He will replace Adrian Byass as chairman with Byass remaining a non-executive director of the company.

Stephen Brockhurst will resign as a non-executive director but remain as company secretary.

The company’s board has thanked Byass and Brockhurst for their valuable input as chairman and non-executive director, respectively.

Menzies Gold Project progresses

Kingwest’s board is pleased to have Bittar’s input and assistance as the company progresses its 100%-owned Menzies Gold Project towards production and continues exploration at the Goongarrie Gold Project.

Earlier this year the company announced the results of a positive scoping study and has recently completed a capital raising with the support of corporate advisor Peloton Capital.

Funds raised are already being deployed with extensional RC drilling at Menzies underway.

At Goongarrie recent drilling supports Kingwest belief that this project has the potential to support a major gold discovery.

Experience and qualification

Bittar’s previous engagement includes working for Bankers Trust, Baring Brothers Burrows and with Morgan Stanley in London, Melbourne and Sydney.

He is currently a non-executive director of Horizon Oil Limited and previously held the position of chairman for ASX listed mining companies Trek Metals and Millennium Minerals.

Bittar holds a Master of Finance from the London Business School, a Bachelor of Economics and a Bachelor of Laws (Hons) from the University of Sydney.

Quick facts: Kingwest Resources Ltd

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