Source: Lindian Resources
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  • Lindian Resources (LIN) has announced one of its non-executive directors has stepped down from the role
  • Matthew Bull will finish up with Lindian today after announcing his resignation, effective immediately
  • His resignation comes as the company continues to work on advancing its bauxite assets in Guinea, West Africa
  • These include the Gaoual project and the potential acquisition of the nearby Woula and Lelouma projects
  • Shares in Lindian Resources ended the day flat for 2.3 cents

Bauxite explorer Lindian Resources (LIN) has announced one of its non-executive directors has stepped down from his role.

Lindian revealed today that Matthew Bull will be leaving the company, after announcing his resignation, effective immediately.

The exploration company’s Chairman Asimwe Kabunga commented on the departure by passing on his well-wishes.

“On behalf of the Board and the management of Lindian, I would like to wish Matt all the very best in his future endeavours,” he said.

This is marks the second leadership change in the company after it appointed Danny Keating as its new CEO back in August.

Meantime, this latest board shakeup comes as the explorer continues to focus in on its growing bauxite assets in Guinea, West Africa.

The company announced it intended to acquire a 75 per cent stake in the Lelouma and Woula bauxite projects, by acquiring the majority of owner Sarmin Bauxite.

Lindian already owns the nearby Gaoual Project in Guinea, and has additional bauxite assets in Tanzania.

Shares in Lindian Resources have ended today’s trading session flat, worth 2.3 cents each.

LIN by the numbers
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