Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Apollo Minerals (AON) appoints Neil Inwood as Managing Director and John Welborn as Non-Executive Chairman, effective immediately
  • The appointments provides the company with “focused and experienced” leadership following “positive” exploration success at the Kroussou Zinc-Lead Project in Gabon
  • Mr Inwood was an Executive Director of Apollo in February 2021 and has been instrumental in establishing the company’s drilling and exploration programs at Kroussou
  • Mr Welborn was appointed as a Non-Executive Director of Apollo the same time and is a highly accomplished and internationally respected resource company director
  • AON shares were up 14.8 per cent, trading at 9.3 cents

Apollo Minerals (AON) has appointed Neil Inwood as Managing Director and John Welborn as Non-Executive Chairman, effective immediately.

The appointments provide the company with “focused and experienced” leadership following “positive” exploration success at the Kroussou Zinc-Lead Project in Gabon.

Mr Inwood was appointed as an Executive Director of Apollo in February 2021 and has been instrumental in establishing the company’s drilling and exploration programs at Kroussou and lead the growth in the developing large-scale Dikaki discovery.

With over 25 years’ international experience in the exploration and mining industry, Mr Inwood has had significant management, consulting and venture capital experience.

His remuneration package includes a salary of $300,000 per annum plus statutory superannuation contributions and granted long-term incentives such as a million performance rights upon the completion of the delineation of an exploration target, subject to shareholder approval.

Mr Welborn was appointed as a Non-Executive Director of Apollo the same time as Mr Inwood and is a highly accomplished and internationally respected resource company director with significant relevant experience.

He is a Fellow with numerous organisations and has operated extensively in West and Central Africa, including the successful development and operation of mining projects in Mali, the Ivory Coast and the Republic of Congo.

Previous Chairman Ian Middlemas remains on the company’s Board as a Non-Executive Director and one of the company’s largest shareholders.

AON shares were up 14.8 per cent, trading at 9.3 cents at market close.

AON by the numbers
More From The Market Herald
Countplus (ASX:CUP) - Incoming CEO, Hugh Humphrey

" Hugh Humphrey appointed CEO of Countplus (ASX:CUP)

Investment services company CountPlus (ASX:CUP) has appointed Hugh Humphrey as the company's CEO, effective July 1.

" ASX employee tests positive for Covid-19

The ASX says an employee has contracted Covid-19.

" ASIC launches official investigation into ASX market outage

The ASX has confirmed today it is officially under investigation from the Australian Securities and Investments…

" ASX sheds more light on last week’s market tech failure

The Australian Securities Exchange has shed some more light on the nature of last week's market…