Ardiden Limited (ASX: ADV) has confirmed that Bruce McFadzean is stepping down with immediate effect from his position as a Non-Executive Chair of the Board of Ardiden, to pursue other opportunities. Non-executive director Michelle Roth will assume the position of interim Non-Executive Chair.
In addition to this, the Board has appointed Jeremy Robinson and Matthew Freedman as Non-Executive Directors of the company.
Mr Robinson is an experienced resources executive, having 20 years of experience in the industry ranging from Managing Director to Business Development positions. He is currently the principal of Churchill Strategic Investments Group, which has financed multiple junior explorers and developers across the ASX and TSX. He currently serves as Non-Executive Chairman of RareX Limited, Executive Chairman of Cosmos Exploration Limited, and pending Non-Executive Director of Kincora Limited.
Mr Freedman is an executive within the mining and related services sector and is currently Executive Director of Dynamic Group Holdings Limited, as well as serving as Non-Executive Director of Cosmos Exploration Limited. Mr Freedman has previously held roles with Rio Tinto Limited, Worley Limited and Emeco Holdings Limited. Mr Freedman earned a Bachelor of Business Administration.
I am pleased to welcome Jeremy and Matt to the Board. On behalf of the Board, I wish to thank Bruce for his leadership and contribution during his tenure as Chair,” Ms Roth said.
“Bruce has over seen the disposal of the last two tranches of the Ontario lithium projects to Green Technology Metals Ltd which saw the inflow of more than $21M cash and 13,049,520 shares in GT1, leaving Ardiden in a strong financial position. We wish him well as he pursues other opportunities within the industry.”
