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  • Okapi Resources (OKR) appoints Andrew Ferrier as the company’s new Managing Director
  • Mr Ferrier will take up the new role from December 13 on an annual salary of $300,000 and, subject to shareholder approval, will be issued 2.25 million performance rights
  • He previously held senior positions at Pacific Road Capital, a large mining-focused private equity investment firm where he worked across the USA, Canada and Australia
  • Executive Director David Nour has decided to retire at the company’s upcoming Annual General Meeting on November, 30
  • Shares in Okapi Resources finished the week up 2.13 per cent to $0.48 each

Okapi Resources (OKR) has appointed Andrew Ferrier as the company’s new Managing Director.

Mr Ferrier will take up the new role from December 13 on an annual salary of $300,000 and, subject to shareholder approval, will be issued 2.25 million performance rights.

According to today’s announcement, Mr Ferrier has more than 15 years’ experience in management, corporate finance and principal investing roles in the global mining sector.

He previously held senior positions at Pacific Road Capital, a large mining-focused private equity investment firm, where he worked across the USA, Canada and Australia.

From his experience, Mr Ferrier boasts significant knowledge and understanding of the North American Uranium. Chairman Peretz Schapiro said this makes him ideally placed to execute on Okapi’s strategy of becoming a new leader in North American carbon-free nuclear energy.

Executive Director David Nour has decided to retire at the company’s upcoming Annual General Meeting on November 30.

Commenting on the retirement, Mr Schapiro said Mr Nour has been instrumental in the company’s development and thanked him for his leadership, drive and commitment during his time.

“His unparalleled dedication to Okapi has played an enormous role in the company’s development and recent transformation,” he said.

Shares in Okapi Resources finished the week up 2.13 per cent to $0.48 each.

OKR by the numbers
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