Red Mountain Mining Limited announces the appointment of a CEO and restructuring of the board.

Jun 27, 2024

Red Mountain Mining Limited (ASX: RMX) has appointed Mr. Lincoln Liu as its CEO, citing his extensive experience in the equities market and corporate advisory services. Mr. Liu is enthusiastic about the company's potential and is determined to drive shareholder value in the long term. The company has also announced changes to its board, with Mr. Troy Flannery resigning as non-executive chairman and Mr. Mauro Piccini resuming the role. Red Mountain Mining, an ASX-listed mineral exploration and development company, has highlighted its portfolio of critical mineral projects in the USA and Australia.

Mr. Liu was appointed CEO with a starting date of 27 June 2024, under a continuing appointment according to the Executive Services Agreement. The annual salary is set at AU$120,000 plus superannuation, with incentive options to be decided later. Termination clauses allow the Company or CEO to end the employment under certain conditions, with standard confidentiality provisions included in the agreement.

 

 

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