Join our daily newsletter At The Bell to receive exclusive market insights
- Critical Resources (CRR) announces Managing Director and CEO Alex Biggs leaves the company, effective immediately
- The sudden move follows Mr Biggs’ trip to the US and Canada where he was engaging with key stakeholders and monitoring a drilling campaign at CRR’s Mavis Lake project
- Chairman Robert Martin thanked Alex for his contribution and says the company will continue advancing its projects and “creating value” for its shareholders
- No details of a replacement for Mr Biggs have been announced
- Critical Resources shares are down 2.63 per cent to trade at 3.7 cents at 1:13 pm AEST
Critical Resources (CRR) Managing Director Alex Biggs has left the company.
In a sudden move, the company announced that by mutual agreement, Mr Biggs has left his position, effective immediately.
The Market Herald contacted Critical Resources for more information regarding the immediate departure, but no one at the company was available for comment.
Mr Biggs’ departure follows a trip to the United States and Canada where he spent over a month engaging with key stakeholders, establishing premises and monitoring the drilling campaign at Critical’s Mavis Lake project.
Appointed as CEO in June 2021, Mr Biggs was appointed Managing Director in November of the same year, as the board and management were reportedly “impressed” with his work, according to Chairman Robert Martin.
Today, Mr Martin, on behalf of the board, thanked Alex for his contribution to the company and said Critical would continue advancing its projects and “creating value” for its shareholders.
No details of a replacement have been announced.
Critical Resources shares dropped 2.63 per cent to trade at 3.7 cents at 1:13 pm AEST.
