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- Atlas Iron’s former Managing Director Cliff Lawrenson has joined Canyon Resources (CAY) as the company undergoes a board restructure
- Cliff was Managing Director of the formerly ASX-listed Atlas Iron and will join the gold and bauxite explorer as Non-Executive Chairman
- Atlas Iron was delisted after it was acquired by Hancock Prospecting in 2018
- Further board restructures include the resignation of Chairman David Netherway who will be reappointed as a Non-Executive Director
- Emmanuel Correia has also resigned as a Non-Executive Director
- Canyon shares closed in the grey at 11.5 cents each
Atlas Iron’s former Managing Director Cliff Lawrenson has joined Canyon Resources (CAY) as the company undergoes a board restructure.
Cliff was Managing Director of the formerly ASX-listed Atlas Iron and will join the gold and bauxite explorer as Non-Executive Chairman. He sits on three other mining and energy boards in the same capacity.
Atlas Iron was delisted after it was acquired by Hancock Prospecting in 2018.
The move comes as the company undergoes a board restructure during what CAY has coined their next stage of growth.
Canyon completed a $10 million capital raise for their bauxite project in central Cameroon in August this year.
Further board restructures include the resignation of Chairman David Netherway who will be reappointed as a Non-Executive Director and offered to step down following Cliff’s appointment.
Emmanuel Correia has also resigned as a Non-Executive Director for personal reasons.
Canyon’s Managing Director Phillip Gallagher said he is very pleased to be welcoming Cliff to the Canyon board.
“Cliff brings extensive corporate and mining expertise and experience that will assist Canyon as we develop and commercialise the Minim Martap Project,” he stated.
Canyon shares closed in the grey at 11.5 cents each.
